We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Maxwell Technologies, Inc. | NASDAQ:MXWL | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 4.48 | 4.48 | 4.49 | 0 | 00:00:00 |
From Feb 2020 to Feb 2025
SAN DIEGO, Feb. 4, 2019 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Maxwell Technologies, Inc. (Nasdaq: MXWL) ("Maxwell") breached their fiduciary duties in connection with the proposed sale of the Company to Tesla, Inc. (Nasdaq: TSLA) ("Tesla").
On February 4, 2019, Maxwell announced that it had signed a definitive merger agreement with Tesla. Under terms of the deal, each Maxwell share will be exchanged for a fraction of Tesla shares, which would be valued at $4.75.
The investigation concerns whether the Maxwell board failed to satisfy its duties to the Company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for Maxwell shares of common stock. Nationally recognized Johnson Fistel is investigating whether the proposed deal represents adequate consideration, especially given that one Wall Street analyst has a $7.00 price target on the stock. The 52-week high for Maxwell was $6.27.
If you are a shareholder of Maxwell and believe the proposed buyout price is too low or you're interested in learning more about the investigation or your legal rights and remedies, please contact lead analyst Jim Baker (jimb@johnsonfistel.com) at 619-814-4471. If emailing, please include a phone number.
Additionally, you can [Click here to join this action]. There is no cost or obligation to you.
About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit https://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com
[Click here to join this action]
View original content:http://www.prnewswire.com/news-releases/maxwell-technologies-mxwl-alert-johnson-fistel-investigates-proposed-sale-of-maxwell-technologies-to-tesla-are-shareholders-getting-a-fair-deal-300788965.html
SOURCE Johnson Fistel, LLP
Copyright 2019 PR Newswire
1 Year Maxwell Technologies, Inc. Chart |
1 Month Maxwell Technologies, Inc. Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
