LOS ANGELES, April 25, 2024 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in AssetMark Financial Holdings, Inc. (“AssetMark” or “the Company”) (NYSE: AMK) for potential breaches of fiduciary duty on the part of its directors and management.
The investigation focuses on determining if the AssetMark board breached its fiduciary duties to shareholders. AssetMark announced on April 25, 2024, that it had signed a definitive agreement to be acquired by GTCR. According to the Company, “AssetMark stockholders will receive $35.25 per share in cash, which represents a total equity valuation of approximately $2.7 billion. Under the terms of the agreement, GTCR will acquire a 100% interest in the Company.”
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We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com
