Le Lézard
Classified in: Business
Subject: ATY

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of SCVX Corp. - SCVX


NEW YORK, Oct. 18, 2021 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating SCVX Corp. (SCVX) relating to its proposed merger with Bright Machines. Under the terms of the agreement, SCVX shareholders are expected to own approximately 14% of the combined company.

The investigation focuses on whether SCVX Corp. and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company by 1) failing to conduct a fair process, and 2) whether the transaction is properly valued.

Click here for more information: https://www.monteverdelaw.com/case/scvx-corp. It is free and there is no cost or obligation to you.

Monteverde & Associates PC Logo


About Monteverde & Associates PC

We are a national class action securities litigation law firm that has recovered millions of dollars and is committed to protecting shareholders from corporate wrongdoing. We were listed in the Top 50 in the 2018-2020 ISS Securities Class Action Services Report. Our lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions. Mr. Monteverde is recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013, 2017-2019, an award given to less than 2.5% of attorneys in a particular field. He has also been selected by Martindale-Hubbell as a 2017-2020 Top Rated Lawyer. Our firm's recent successes include changing the law in a significant victory that lowered the standard of liability under Section 14(e) of the Exchange Act in the Ninth Circuit. Thereafter, our firm successfully preserved this victory by obtaining dismissal of a writ of certiorari as improvidently granted at the United States Supreme Court. Emulex Corp. v. Varjabedian, 139 S. Ct. 1407 (2019). Also, over the years the firm has recovered or secured over a dozen cash common funds for shareholders in mergers & acquisitions class action cases.

If you owned common stock in the Company and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341

Attorney Advertising. (C) 2021 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com).  Prior results do not guarantee a similar outcome with respect to any future matter.

SOURCE Monteverde & Associates PC


These press releases may also interest you

at 21:30
Global management consulting veteran, Deepak Keni, joins Vymo, the US-headquartered Sales Acceleration Platform of choice for premier financial institutions, as Chief Customer...

at 21:11
WM Motor Holdings Limited ("WM Motor," the "Group" or the "Company"), a dominant smart EV player in China's mainstream market, today announced a Series D2 financing of US$152 million led by Agile Group Holdings Limited ("Agile"), an integrated...

at 21:05
Nota, an AI optimization platform startup, has acquired series B funding amounting to USD 14.7M that is announcing today. The series B funding was finalized last month, a year after the series A funding of USD 6.7M. The series B funding round joined...

at 21:00
SmartCentres Real Estate Investment Trust ("SmartCentres" or the "REIT") , announces a $513 million strategic acquisition of a two-thirds interest in 53 acres ("Acquired Lands"), in ?SmartVMC', the 100+ acre master-planned City Centre in the Vaughan...

at 21:00
We hear you, Earth. In Hong Kong, the amount of single-use plastic containers reached over 100M every week in 2020, doubling the figure before COVID-19.[i] Embracing its #DorsettCares promise to deliver guests sustainable positive impacts, Dorsett...

at 20:59
Tongcheng-Elong Holdings Limited ("Tongcheng-Elong") has formally announced the establishment of an ESG and Data Security Committee to further upgrade its corporate governance as well as policies in environment and society, thus better protecting...



News published on 18 october 2021 at 19:25 and distributed by: