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NEW YORK, Feb. 12, 2021 /PRNewswire/ Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated
Top 50 in the 2018 and 2019 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating
Tortoise Acquisition Corp. II ( SNPR or the Company ) (
) relating to its proposed merger with Volta Industries, Inc. Under the terms of the agreement, SNPR will acquire Volta through a reverse merger, with Volta emerging as a publicly traded company.
The investigation focuses on whether Tortoise Acquisition Corp. II 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.
Planning 500,000 charging points for EVs by 2025, Shell becomes the latest company swept up in EV charging boom yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Planning 500,000 charging points for EVs by 2025, Shell becomes the latest company swept up in EV charging boom
Shell’s plan to roll out 500,000 electric charging stations in just four years is the latest sign of an EV charging infrastructure boom that has prompted investors to pour cash into the industry and inspired a few companies to become public companies in search of the capital needed to meet demand.
Since the beginning of the year, three companies have been acquired by special purpose acquisition vehicles and are on a path to go public, while a third has raised tens of millions from some of the biggest names in private equity investing for its own path to commercial viability.
WeissLaw LLP is investigating whether Tortoise s board acted in the best interest of Tortoise s public shareholders in agreeing to the proposed transaction, whether the board was fully informed as to the valuation of Volta, and whether all information regarding the process undertaken by the board and the valuation of the transaction will be fully and fairly disclosed to Tortoise public shareholders.
WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-tr