NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of Avista Corporation (NYSE:AVA) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Hydro One Limited. Under the terms of the deal, Avista shareholders will receive C$67 (approximately US$53) for each share of Avista stock they own.
The investigation concerns whether the Avista Board of Directors breached their fiduciary duties to Avista stockholders by failing to adequately shop the Company before entering into this transaction and whether Hydro One Limited is underpaying for Avista shares, thus unlawfully harming Avista stockholders.
If you own common stock in Avista and wish to obtain additional information, please contact Vincent Wong, Esq. either via email email@example.com, by telephone at 212.425.1140, or visit http://docs.wongesq.com/AVA-Info-Request-Form-1665.
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.