PHILADELPHIA, April 3, 2020 /PRNewswire/ -- Kaskela Law LLC
announces that a shareholder class action lawsuit has been filed
against TD Ameritrade Holding Corporation ("TD Ameritrade" or the
"Company") (Nasdaq: AMTD) on behalf of the Company's
shareholders.
TD Ameritrade shareholders are encouraged to contact Kaskela Law
LLC (D. Seamus Kaskela, Esq.) at
(484) 258 – 1585, or by email at skaskela@kaskelalaw.com, to
discuss this action and their legal rights and options.
Stockholders may also submit their information to the firm at
http://kaskelalaw.com/case/td-ameritrade/.
On November 25, 2019, TD
Ameritrade announced that it had agreed to be acquired by The
Charles Schwab Corporation ("Schwab"). According to that
announcement, TD Ameritrade stockholders are expected to receive
1.0837 shares of Schwab stock for each share of TD Ameritrade stock
that they own.
The shareholder class action lawsuit alleges that the
Registration Statement filed with the U.S. Securities and Exchange
Commission in connection with TD Ameritrade's proposed transaction
with Schwab omits to disclose material information to investors
about (i) TD Ameritrade's and Schwab's financial projections, and
(ii) the analyses performed by TD Ameritrade's financial advisors,
rendering the Registration Statement false and misleading.
TD Ameritrade shareholders are encouraged to contact Kaskela Law
LLC for additional information about this action. Kaskela Law
LLC exclusively represents investors in securities fraud, corporate
governance, and merger & acquisition litigation. For
additional information about Kaskela Law LLC please visit
www.kaskelalaw.com.
CONTACT:
D. Seamus Kaskela, Esq.
KASKELA LAW LLC
18 Campus Blvd., Suite
100
Newtown Square, PA 19073
(484) 258 – 1585
(888) 715 – 1740
www.kaskelalaw.com
skaskela@kaskelalaw.com
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SOURCE Kaskela Law LLC