Brodsky & Smith investigates multiple companies for shareholder grievances
- Brodsky & Smith is investigating several firms regarding potential breaches of fiduciary duty.
- The investigations pertain to major merger agreements involving companies like Landsea, LENSAR, and AvidXchange.
- The outcomes of these investigations could significantly impact shareholder rights and fair processes in corporate transactions.
On May 19, 2025, in Bala Cynwyd, Pennsylvania, Brodsky & Smith announced investigations concerning various companies, reminding investors to assess their rights. The law firm is particularly focused on numerous merger agreements with multiple companies. Notably, Landsea Homes Corporation is set to be acquired by New Home Co. for $11.30 per share, raising questions about whether the board fulfilled its fiduciary duties. Similarly, LENSAR, Inc. will be merged with Alcon for $14.00 per share, creating concerns over fair shareholder value. AvidXchange Holdings is poised to be bought by TPG for $10.00 per share, which may not reflect its true company value. The investigations reflect the firm's commitment to ensuring that shareholders receive fair treatment, particularly in these significant merger transactions. By examining the details of these agreements, Brodsky & Smith aims to protect investors and hold company boards accountable for their decisions.