NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Cleco Corporation (NYSE: CNL) (“Cleco”) in connection with the sale of the Company to a consortium including Macquarie Infrastructure and Real Assets, British Columbia Investment Management Corporation, and John Hancock Financial (the “Consortium”).
Click here to learn about the case: http://docs.wongesq.com/CNL-Info-Request-Form-441. There is no cost or obligation to you.
Under the terms of the transaction, Cleco shareholders will receive $55.37 for each share of Cleco common stock they own. The investigation concerns whether the Board of Cleco breached their fiduciary duty to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether the Consortium is underpaying for Cleco shares.
If you own common stock in Cleco and wish to obtain additional information, please contact Vincent Wong, Esq. either via email firstname.lastname@example.org, by telephone at 212.425.1140, or visit http://docs.wongesq.com/CNL-Info-Request-Form-441.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
Vincent Wong, Esq.
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New York, NY 10002