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RRX.US
id: 425, Created by Stan Vick Chase, Scout
Regal Beloit Corporation
How it works?
- We find Attorney for the Case
- Attorney files case on behalf of Investors
- You get updates and receive payout in case of success
Would it cost me anything?
- No, you do not pay anything out of your pocket neither to us, nor to Attorney
- Attorneys get % fee in case of success
- Platform charges service fee from Attorneys
What are the chances for success?
Every Case is unique, but statistically, 47% of Cases end up with a settlement.
Please see below recent successful cases:
How it works?
- We find Attorney for the Case
- Attorney files case on behalf of Investors
- You get updates and receive payout in case of success
Would it cost me anything?
- No, you do not pay anything out of your pocket neither to us, nor to Attorney
- Attorneys get % fee in case of success
- Platform charges service fee from Attorneys
What are the chances for success?
Every Case is unique, but statistically, 47% of Cases end up with a settlement.
Please see below recent successful cases:
On October 27, 2022, Regal Rexnord Corporation (RRX) announced that it has reached a definitive agreement with Altra Industrial Motion Corp. (AIMC) providing for Regal Rexnord to acquire 100% of Altra shares in an all-cash transaction for $62.00 per share.
The transaction values Altra at $4.95 billion, representing 13.6x LTM Adjusted EBITDA.
On this news, Regal stock declined more than 12% and the Company lost around $ 1.3 billion of its capitalization.
Taking the deal valuation and market reaction into account, Regal's investors have reasons to suspect that the Leaders of the Company could act not in the best interest of shareholders conducting this deal.
Alleged Offence
Malpractice,
Negligence,
Breach of Fiduciary duty,
Omissions
Suspected Party
Directors,
Management,
Shareholder,
Investment Bank,
Service Provider
Security Type
Stocks
Trade Direction
Long
Shock Event Date
27 October 2022