Investigation of NAVER’s Buyout of Poshmark – POSH

Nov 20, 2022 | Blog, Shareholder Investigations

Kehoe Law Firm, P.C. is investigating whether the directors of Poshmark, Inc. (“Poshmark”) (NASDAQ: POSH) breached their fiduciary duties to its shareholders in approving a merger with NAVER Corporation (“NAVER”) for inadequate consideration.

The investigation concerns whether Poshmark’s board of directors failed to maximize the value of Poshmark for the benefit of Poshmark’s shareholders in connection with its announced merger with NAVER, in breach of their fiduciary duties to Poshmark’s shareholders, and whether Poshmark’s shareholders have suffered damages as a result.

On October 3, 2022, Poshmark announced it had reached an agreement to be bought out by NAVER for $17.90 per share. The transaction is valued at approximately $1.2 billion.

IF YOU INVESTED IN POSHMARK STOCK, YOU ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C. AS YOU MAY HAVE LEGAL CLAIMS AGAINST POSHMARK’S DIRECTORS AND OFFICERS. 
IF YOU WISH TO DISCUSS THIS INVESTIGATION, OR HAVE QUESTIONS ABOUT YOUR LEGAL RIGHTS, YOU ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected].

Investigation of NAVER Buyout of Poshmark - POSH

Enviva Inc. Investors May Have Legal Claims – EVA

Nov 20, 2022 | Blog, Shareholder Investigations

Kehoe Law Firm, P.C. is investigating whether certain directors and officers of Enviva Inc. (“Enviva”) (NYSE: EVA) breached their fiduciary duties to Enviva and its shareholders.

The investigation concerns whether members of Enviva’s board of directors or senior management failed to manage Enviva in an acceptable manner, in breach of their fiduciary duties, and whether Enviva and its shareholders have suffered damages as a result.

On October 12, 2022, Blue Orca Capital released a report stating that Enviva is overly reliant on capital raising to maintain its dividend, and that Enviva is engaging in “textbook greenwashing” regarding its wood pellet operations.

IF YOU INVESTED IN ENVIVA STOCK, YOU ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C. AS YOU MAY HAVE LEGAL CLAIMS AGAINST ENVIVA’S DIRECTORS AND OFFICERS. 
IF YOU WISH TO DISCUSS THIS INVESTIGATION, OR HAVE QUESTIONS ABOUT YOUR LEGAL RIGHTS, YOU ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected].