New York, New York–(Newsfile Corp. – April 17, 2024) – Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether the directors of AdTheorent Holding Company, Inc. (“AdTheorent”) (NASDAQ: ADTH) breached their fiduciary duties to its shareholders in approving a merger with Cadent, LLC (“Cadent”) for inadequate consideration. If you are an AdTheorent shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982 or jpettigrew@scott-scott.com.
Scott+Scott is investigating whether AdTheorent’s board of directors failed to maximize the value of AdTheorent for the benefit of AdTheorent’s shareholders in connection with its announced merger with a wholly owned subsidiary of Cadent, in breach of their fiduciary duties to AdTheorent’s shareholders, and whether AdTheorent’s shareholders have suffered damages as a result.
On April 1, 2024, AdTheorent announced that it had reached an agreement to be bought out by Cadent for $3.21 per share. The transaction is valued at approximately $324 million.
What You Can Do
If you are an AdTheorent shareholder, you may have legal claims against AdTheorent’s directors. If you wish to discuss this investigation, or have questions about this notice or your legal rights, please contact attorney Joe Pettigrew toll-free at 844-818-6982 or jpettigrew@scott-scott.com.
About Scott+Scott
Scott+Scott has significant experience in prosecuting major securities, antitrust, and consumer rights actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, and Ohio.
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CONTACT:
Joe Pettigrew
Scott+Scott Attorneys at Law LLP
600 W. Broadway, Suite 3300, San Diego, CA 92101
844-818-6982
jpettigrew@scott-scott.com
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