Investor protection law firm Kaskela Law LLC announces that it is investigating Tenneco Inc. (NYSE: TEN) on behalf of the company’s stockholders.
On February 23, 2022, Tenneco announced that it had agreed to be acquired by funds affiliated with private equity firm Apollo. According to the announcement, Tenneco stockholders are expected to receive $20.00 per share in cash for their TEN shares of stock. Following the proposed transaction, shares of Tenneco’s stock will no longer be publicly traded.
The investigation seeks to determine whether the members of Tenneco’s Board of Directors violated the securities laws or breached their fiduciary duties by failing to maximize the buyout price for TEN investors, and whether Tenneco shareholders are being provided with all material information about the proposed transaction.
Tenneco shareholders are encouraged to contact Kaskela Law LLC (Adrienne Bell, Esq.) at (484) 229 – 0750, or by email (abell@kaskelalaw.com) or online at https://kaskelalaw.com/cases/tenneco-inc/, for additional information about this investigation and their legal rights and options.
Kaskela Law LLC represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com. This notice may constitute attorney advertising in certain jurisdictions.
CONTACT:
D. Seamus Kaskela, Esq.
Adrienne Bell, Esq.
KASKELA LAW LLC
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(484) 229 – 0750
(888) 715 – 1740
www.kaskelalaw.com
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