NEW YORK, June 21, 2017 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a boutique securities firm headquartered at the Empire State Building in New York City, is investigating Reynolds American Inc. ("Reynolds American" or the "Company") (NYSE: RAI) relating to the sale of the Company to affiliates of British American Tobacco plc. As a result of the merger, Reynolds American shareholders are only anticipated to receive $29.44 per share in cash and 0.5260 British American Tobacco shares in exchange for each share of Reynolds American.

Monteverde & Associates PC

Click here for more information: http://monteverdelaw.com/investigations/m-a/.  It is free and there is no cost or obligation to you.

The investigation focuses on whether Reynolds American and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company's stockholders by 1) failing to conduct a fair process 2) whether and by how much this proposed transaction undervalues the Company by and 3) failing to disclose all material financial information in connection with the upcoming shareholder meeting.

Monteverde & Associates PC is a boutique class action securities and consumer litigation law firm that has recovered millions of dollars and is committed to protecting shareholders and consumers from corporate wrongdoing.  Monteverde & Associates PC lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions, whereby they protect investors by recovering money and remedying corporate misconduct.

If you own common stock in Reynolds American and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com 
Tel: (212) 971-1341

Attorney Advertising. (C) 2017 Monteverde & Associates PC.  The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com).  Prior results do not guarantee a similar outcome with respect to any future matter.

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert-monteverde--associates-pc-announces-an-investigation-of-reynolds-american-inc--rai-300477937.html

SOURCE Monteverde & Associates PC

Copyright 2017 PR Newswire

Reynolds (NYSE:RAI)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Reynolds Charts.
Reynolds (NYSE:RAI)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Reynolds Charts.