BALA CYNWYD, Pa., March 20, 2025 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.
Beacon Roofing Supply, Inc. (Nasdaq – BECN)
Under the terms of the agreement, Beacon Roofing Supply will be acquired by QXO, Inc. (NYSE – QXO) for $124.35 per share in cash at closing. The investigation concerns whether the Beacon Roofing Supply Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the Company’s shareholders are receiving fair value for their shares.
Additional information can be found at https://www.brodskysmith.com/cases/beacon-roofing-supply-inc-nasdaq-becn/.
Optinose, Inc. (Nasdaq – OPTN)
Under the terms of the Merger Agreement, Optinose will be acquired by Paratek Pharmaceuticals for $9.00 per share in cash, plus up to $5.00 per share in CVRs payable in the event that certain net revenue milestones are achieved. The investigation concerns whether the Optinose Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the Company’s shareholders are receiving fair value for their shares.
Additional information can be found at https://www.brodskysmith.com/cases/optinose-inc-nasdaq-optn/.
Redfin Corporation (Nasdaq – RDFN)
Under the terms of the agreement, Redfin will be acquired by Rocket Companies (NYSE – RKT). Each share of Redfin common stock will be exchanged for a fixed ratio of 0.7926 shares of Rocket Companies Class A common stock (a value of approximately $12.50 per share). Upon completion of the transaction, current Rocket Companies shareholders will own approximately 95% of the combined company on a fully diluted basis, while Redfin shareholders will own approximately 5%. The investigation concerns whether the Redfin Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution to the Company’s shareholders.
Additional information can be found at https://www.brodskysmith.com/cases/redfin-corporation-nasdaq-rdfn/.
Blackboxstocks Inc. (Nasdaq – BLBX)
Under the terms of the Merger Agreement, Blackboxstocks will be acquired by REalloys Inc. (“REalloys”). It is anticipated Blackbox’s stockholders will own approximately 7.3% of the combined company’s shares of common stock expected to be outstanding upon closing of the Merger. The investigation concerns whether the Blackboxstocks Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution to the Company’s shareholders.
Additional information can be found at https://www.brodskysmith.com/cases/blackboxstocks-inc-nasdaq-blbx/.
Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.
