BALA CYNWYD, Pa., May 06, 2025 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.
Lumina Gold Corp. (OTC - LMGDF)
Under the terms of the agreement, Lumina will be acquired by CMOC Singapore Pte. Ltd., a Singapore entity and a subsidiary of CMOC Group Limited (collectively “CMOC”) for $1.27 for each outstanding share of Lumina. The investigation concerns whether the Lumina Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the Company’s shareholders are receiving fair value for their shares.
Additional information can be found at https://www.brodskysmith.com/cases/lumina-gold-corp-otc-lmgdf/.
Mr. Cooper Group Inc. (Nasdaq – COOP)
Under the terms of the Merger Agreement, Mr. Cooper will be acquired by Rocket Companies in an all-stock transaction for $9.4 billion in equity value. Mr. Cooper shareholders will receive a fixed exchange ratio of 11.0 Rocket shares for each share of Mr. Cooper common stock, representing $143.33 per share value based on the closing price as of March 28, 2025. (NYSE – RKT) The investigation concerns whether the Mr. Cooper Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution to the Company’s shareholders.
Additional information can be found at https://www.brodskysmith.com/cases/mr-cooper-group-inc-nasdaq-coop/.
ProAssurance Corporation (NYSE - PRA)
Under the terms of the Merger Agreement, PRA will be acquired by The Doctors Company for $25.00 per share in cash at closing. The investigation concerns whether the PRA Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the Company’s shareholders are receiving fair value for their shares.
Additional information can be found at https://www.brodskysmith.com/cases/proassurance-corporation-nyse-pra/
Mesa Air Group, Inc. (Nasdaq - MESA)
Under the terms of the agreement, Mesa will be acquired by Republic Airways Holdings Inc.(“Republic”). On the close of the all-stock transaction, Republic shareholders will own 88% of the combined company's common shares. Mesa shareholders will own a minimum of 6%, and up to 12% of the combined company dependent upon Mesa's achievement of certain pre-closing criteria. The investigation concerns whether the Mesa Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution to the Company’s shareholders in the combined Company.
Additional information can be found at https://www.brodskysmith.com/cases/mesa-air-group-inc-nasdaq-mesa/.
Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.
