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/PRNewswire/ Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS.
NEW YORK, June 25, 2021 /PRNewswire/ Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm ratedÂ
Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating
 Pioneer Merger Corp. ( PACX or the Company ) (PACX) relating to its proposed merger with Acorns Grow, Inc. Under the terms of the agreement, PACX will acquire Acorns through a reverse merger, with Acorns emerging as a publicly traded company.
The investigation focuses on whether Pioneer Merger Corp. and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company by 1) failing to conduct a fair process, and 2) whether the transaction is properly valued.
Acorns Grow, whose app encourages people to save and invest with subscriptions for as little as $1 per month, plans to soon have its own stock trading on the