NEW YORK, Sept. 11, 2019 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, announces the filing of shareholder class action lawsuit against Genesee & Wyoming Inc. (GWR) in connection with the proposed sale of Genesee & Wyoming to affiliates of Brookfield Infrastructure and GIC (collectively, the “Consortium”). The lawsuit seeks damages and/or equitable relief on behalf of Genesee & Wyoming shareholders under the federal securities laws.
If you are a Genesee & Wyoming shareholder and would like to join the action or discuss your legal rights and options, please visit Genesee & Wyoming Merger or contact Daniel Sadeh or Zachary Halper, free of charge, at (212) 763-0060 or email@example.com or firstname.lastname@example.org.
The lawsuit alleges that Defendants issued a materially misleading proxy statement recommending that Genesee & Wyoming shareholders vote in favor of the proposed sale of Genesee & Wyoming to the Consortium. According to the complaint, the proxy statement contains materially incomplete and misleading information concerning, among other things, Genesee & Wyoming’s financial projections and the analyses performed by Genesee & Wyoming’s financial advisors.
If you wish to serve as lead plaintiff, you must move the Court no later than November 12, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you would like to join the action or discuss your legal rights and options, please visit https://halpersadeh.com/actions/genesee-wyoming-inc-gwr-merger-stock-brookfield-infrastructure-gic/ or contact Daniel Sadeh or Zachary Halper, free of charge, at (212) 763-0060 or email@example.com or firstname.lastname@example.org.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE OR YOU MAY REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT.
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