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Ortho Clinical Diagnostics Sued After Proposed Combination

On Monday a case was filed in the District of New Jersey by investor Stephen Bushansky against Ortho Clinical Diagnostics Holdings PLC and its board, ....

New Jersey , United States , Stephen Bushansky , Exchange Commission , Coronado Topco Inc , Ortho Clinical Diagnostics Holdings , Weiss Law , Securities Exchange , Clinical Diagnostics , Coronado Topco ,

WSFS Investor Says Financial Unknowns Plague $976M Deal


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WSFS Investor Says Financial Unknowns Plague $976M Deal
Law360 (May 6, 2021, 6:49 PM EDT)  A WSFS Financial Corp. stockholder is seeking to delay the company s pending $976.4 million merger with Bryn Mawr Bank Corp. until the company corrects a false and misleading regulatory filing that s leaving investors in the dark about the proposed deal s financial outlook.
In a lawsuit filed Wednesday in New Jersey federal court, Stephen Bushansky said a document that WSFS submitted to the U.S. Securities and Exchange Commission ahead of the planned shareholder vote fails to materially disclose the reasons underscoring a financial adviser s opinion backing the deal. The filing thus violates the Securities Exchange Act of 1934 and SEC rules, Bushansky. ....

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