LOS ANGELES, April 01, 2024 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in AdTheorent Holding Company, Inc. (“AdTheorent” or “the Company”) (NASDAQ: ADTH) for potential breaches of fiduciary duty on the part of its directors and management.
The investigation focuses on determining if the AdTheorent board breached its fiduciary duties to shareholders. AdTheorent announced on April 1, 2024, that Cadent, LLC (“Cadent”) will acquire the Company’s shares at a price of $3.21 per share. According to the Company, it has “entered into a definitive agreement under which a wholly owned subsidiary of Cadent will acquire the Company in an all-cash transaction. Upon closing of the transaction, AdTheorent will become a privately held company.”
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The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
