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Business Wire 30-Nov-2024 12:14 PM
Ademi LLP is investigating Fusion Fuel (NASDAQ:HTOO) for possible breaches of fiduciary duty and other violations of law in its transaction with QIND.
Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you.
In the transaction, Fusion Fuel will issue a combination of 19.99% of its ordinary shares, along with convertible preferred shares, resulting in the QIND sellers holding a stake of approximately 70% of Fusion Fuel. Fusion Fuel insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of Fusion Fuel's board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241130175483/en/