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0 0 -2.69051056921608E-05 -2.69051056921608E-05 0.0017667686071227 -2.69051056921608E-05 0.00311202389173393 -0.000475323533895797
Stock impact report

VIZIO (VZIO) SHAREHOLDER ALERT - Andrews & Springer LLC Is Investigating VIZIO Holding Corp. For Potential Securities Fraud and Breaches of Fiduciary Duty

VIZIO Holding Corp. Class A (VZIO) 
Company Research Source: Business Wire
WILMINGTON, Del.--(BUSINESS WIRE)--Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities fraud and breach of fiduciary duty claims against the Board of Directors of VIZIO Holding Corp. (NYSE: VZIO) (“Vizio” or the “Company”) relating to the sale of the Company to Walmart. On February 20, 2024, the two parties announced that they reached an agreement in principle pursuant to which Walmart will acquire VIZIO in a going private merger. As a result of the merger, VIZIO shareholders are only anticipated to receive only $11.50 per share in cash in exchange for each share of VIZIO.Our Firm's investigation so far has discovered that the merger appears to have significant conflicts of interest, thus making the process and consideration unfair. While the Company claims that shareholders will receive a premium for their shares, the deal consideration is less than the $12.00 per share price ta Show less Read more
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