NEW YORK, Dec. 15, 2020 /PRNewswire/ — WeissLaw LLP is investigating doable breaches of fiduciary responsibility and other violations of law by the board of directors of TPG Tempo Valuable Finance Corp. (“TPG” or the “Company”) (NYSE: TPGY) in link with the Company’s agreement to get EV Charged B.V. (“EVBox”), a privately-held supplier of sensible charging alternatives for electric cars, for a blend of funds and fairness. Under the phrases of the merger agreement, TPG will obtain EVBox by way of a reverse merger, with EVBox surviving as the new publicly-traded put together entity with its typical stock to trade on the New York Inventory Exchange less than the ticker symbol “EVB.” The proposed transaction values EVBox at an implied $969 million business price and a whole pro forma fairness benefit of around $1.394 billion.
If you individual TPG shares and wish to explore this investigation or have any questions about this notice or your rights or passions, take a look at our web-site:
Or please contact:
Joshua Rubin, Esq.
1500 Broadway, 16th Flooring
New York, NY 10036
WeissLaw is investigating no matter whether TPG’s board acted in the best desire of TPG’s community shareholders in agreeing to the proposed transaction, regardless of whether the board was thoroughly educated as to the valuation of EVBox, and regardless of whether all info regarding the system carried out by the board and the valuation of the transaction will be absolutely and reasonably disclosed to TPG public shareholders.
WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of company and fiduciary obligations. We have recovered in excess of a billion pounds for defrauded consumers and received crucial company governance relief in numerous of these scenarios. If you have information and facts or would like authorized assistance about achievable company wrongdoing (together with insider investing, squander of corporate property, accounting fraud, or materially misleading details), shopper fraud (like fake promoting, faulty solutions, or other deceptive business enterprise methods), or anti-rely on violations, please e mail us at [email protected]
Source WeissLaw LLP