ACV Auctions Inc.

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Practice Area:
Stock Symbol: ACV
Case Status: Investigations

Ademi LLP is investigating whether the proposed acquisition of ACV Auctions Inc. (NYSE: ACV) by Copart provides fair value to ACV’s public shareholders and whether ACV’s Board adequately protected shareholder interests in negotiating and approving the transaction.

Are You a ACV (ACV) Shareholder?

If you own ACV shares, Ademi LLP would like to hear from you about the proposed acquisition and your rights as a shareholder.

You may also contact Guri Ademi at gademi@ademilaw.com or toll-free at 866-264-3995.

There is no cost or obligation to you.

What Is Ademi LLP Investigating?

  • The $10.50 per share price and whether it adequately reflects ACV’s value and future prospects;
  • Substantial change-of-control benefits available to ACV insiders in connection with the transaction;
  • Restrictions on competing transactions, including a significant termination penalty that may discourage another potential buyer from making a superior proposal; and
  • The conduct of ACV’s Board of Directors in negotiating and approving the transaction and whether the Board fulfilled its duties to public shareholders.

 

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