The Schall Law Firm Is Vigorously Investigating Potential Violations Of Trust Obligations By The Board And Leadership Of Avangrid Inc
- by Business Insider
- Jun 26, 2024
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Jun. 26, 2024, 01:45 PM
LOS ANGELES, CA / ACCESSWIRE / June 26, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Avangrid, Inc. ("Avangrid" or "the Company") (NYSE:AGR) for potential breaches of fiduciary duty on the part of its directors and management.
The investigation focuses on determining if the Avangrid board breached its fiduciary duties to shareholders. Avangrid announced on May 17, 2024, that "Iberdrola will acquire the remaining 18.4% of the issued and outstanding shares of common stock of Avangrid that it does not currently own for $35.75 per share in an all-cash transaction."
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