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SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of HF, WCG, and STI of Class Action Lawsuits Filed

WILMINGTON, Del., June 06, 2019 (GLOBE NEWSWIRE) -- Rigrodsky & Long, P.A. reminds investors that it has commenced class action lawsuits against the following companies:

HFF, Inc. (NYSE: HF)

Lead Plaintiff Deadline: July 9, 2019

On March 18, 2019, HFF entered into an agreement and plan of merger (the “Merger Agreement”) with JLL.  Pursuant to the terms of the Merger Agreement, shareholders of HFF will receive 0.1505 shares of JLL stock and $24.63 per share in cash (the “Proposed Transaction”).

Among other things, the Complaint alleges that, in an attempt to secure shareholder support for the Proposed Transaction, defendants issued materially incomplete disclosures in a registration statement (the “Registration Statement”) filed with the United States Securities and Exchange Commission.  The Complaint alleges that the Registration Statement omits material information with respect to, among other things, HFF’s and JLL’s financial projections and the analyses performed by HFF’s financial advisor.  The Complaint seeks injunctive and equitable relief and damages on behalf of holders of HFF common stock. 

To learn more, visit: https://www.rigrodskylong.com/cases-hff-inc.

WellCare Health Plans, Inc. (NYSE: WCG)

Lead Plaintiff Deadline: June 9, 2019

On March 26, 2019, WellCare entered into an agreement and plan of merger (the “Merger Agreement”) with Centene.  Pursuant to the terms of the Merger Agreement, shareholders of WellCare will receive 3.38 shares of Centene stock and $120.00 per share in cash (the “Proposed Transaction”).

Among other things, the Complaint alleges that, in an attempt to secure shareholder support for the Proposed Transaction, defendants issued materially incomplete disclosures in a registration statement (the “Registration Statement”) filed with the United States Securities and Exchange Commission.  The Complaint alleges that the Registration Statement omits material information with respect to, among other things, WellCare’s and Centene’s financial projections and the analyses performed by WellCare’s financial advisor.  The Complaint seeks injunctive and equitable relief and damages on behalf of holders of WellCare common stock. 

To learn more, visit: https://www.rigrodskylong.com/cases-wellcare-health-plans-inc.

SunTrust Banks, Inc. (NYSE: STI)

Lead Plaintiff Deadline: June 10, 2019

On February 7, 2019, SunTrust entered into an agreement and plan of merger (the “Merger Agreement”) with BB&T.  Pursuant to the terms of the Merger Agreement, shareholders of SunTrust will receive 1.295 shares of BB&T common stock for each share of SunTrust they own (the “Proposed Transaction”).

Among other things, the Complaint alleges that, in an attempt to secure shareholder support for the Proposed Transaction, defendants issued materially incomplete disclosures in a registration statement (the “Registration Statement”) filed with the United States Securities and Exchange Commission.  The Complaint alleges that the Registration Statement omits material information with respect to, among other things, the analyses performed by SunTrust’s financial advisor.  The Complaint seeks injunctive and equitable relief and damages on behalf of holders of SunTrust common stock.

To learn more, visit: https://www.rigrodskylong.com/cases-suntrust-banks-inc.

If you would like to discuss any of these lawsuits and your rights cost and obligation free, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242,  by e-mail at info@rl-legal.com, or at http://rigrodskylong.com/contact-us/.

A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.  Any member of the proposed class may move the court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.

Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.

Attorney advertising.  Prior results do not guarantee a similar outcome.

CONTACT: 

Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(516) 683-3516
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com

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