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PRNewswire 10-Mar-2025 5:30 PM
NEW YORK, March 10, 2025 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Redfin (NASDAQ:RDFN) and its board of directors concerning the proposed acquisition of the company by Rocket Companies (NYSE:RKT). Stockholders will receive 0.7926 shares of Rocket Companies common stock for each share of Redfin stock that they hold. The transaction is valued at approximately $1.75 billion and is expected to close in the second or third quarter of 2025.
If you are a stockholder of Redfin and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/rdfn/. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at info@rowleylawpllc.com, or by telephone at 914-400-1920 or 844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com.
Attorney Advertising. Prior results do not guarantee a similar outcome.
View original content:https://www.prnewswire.com/news-releases/alert-rowley-law-pllc-is-investigating-proposed-acquisition-of-redfin-302397393.html
SOURCE Rowley Law PLLC