Vacasa Shareholders File Class Action Lawsuit Over Merger Issues
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
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Source: Globenewswire
- Lawsuit Background: Bronstein, Gewirtz & Grossman LLC has filed a class action lawsuit on behalf of former common shareholders of Vacasa, alleging violations of Sections 14(a) and 20(a) of the Securities Exchange Act, which harmed shareholder interests during the merger with Casago.
- Merger Details: The complaint states that each share of Vacasa common stock was converted into $5.30 in cash, which shareholders claim is financially unfair, and that the proxy statements related to the merger contained materially misleading and incomplete information.
- Shareholder Rights Protection: Affected Vacasa shareholders must apply to be lead plaintiffs by June 30, 2026, to share in any potential recovery, with the law firm operating on a contingency fee basis, meaning no upfront costs for investors.
- Law Firm's Strength: Bronstein, Gewirtz & Grossman LLC is recognized for its success in securities fraud class actions, having recovered hundreds of millions for investors nationwide, emphasizing its commitment to restoring investor capital and ensuring corporate accountability.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
