NEW YORK, NY / ACCESSWIRE / December 7, 2018 / Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating the Board of Directors of Intersections, Inc. ("Intersections" or the "Company") (NASDAQ: INTX) for possible breaches of fiduciary duty related to the sale of the company to a joint venture of iSubscribed, WndrCo, and General Catalyst ("General Catalyst''). Under the terms of the proposed transaction, Intersections shareholders will receive only $3.68 in cash for each share of Intersections stock they own.
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The investigation focuses on whether the tender offer is a fair price and all material financial information is adequately disclosed in connection with the tender offer set to expire on December 28, 2018.
Monteverde & Associates PC is a national class action securities and consumer litigation law firm that has recovered millions of dollars and is committed to protecting shareholders and consumers from corporate wrongdoing. Monteverde & Associates PC lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions, whereby they protect investors by recovering money and remedying corporate misconduct. Mr. Monteverde, who leads the legal team at the firm, has been recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013, 2017 and 2018 an award given to less than 2.5% of attorneys in a particular field. He has also been selected by Martindale-Hubbell as a 2017 and 2018 Top Rated Lawyer.
If you own common stock in Intersections and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org or by telephone at (212) 971-1341.
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
Tel: (212) 971-1341
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SOURCE: Monteverde & Associates PC