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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Maxwell Technologies Inc (NASDAQ: MXWL) acted responsibly on behalf of investors’ profitability in the planned sale to Tesla Inc (NASDAQ: TSLA).
On February 4, 2019, Maxwell Technologies Inc (NASDAQ: MXWL) and Tesla Inc (NASDAQ: TSLA) announced that they had entered into a merger agreement. Under the terms of the merger agreement, each Maxwell share will be exchanged for a fraction of Tesla shares, which would be valued at $4.75.
Based in San Diego, California, and founded in 1965 Maxwell Technologies Inc develops, manufactures, and markets energy storage and power delivery products worldwide.
The investigation focuses on whether NASDAQ: MXWL investors received the highest price and whether the directors of Maxwell Technologies Inc acted in the best interest of Maxwell Technologies Inc company and its shareholders.
If you purchased Maxwell Technologies Inc (NASDAQ: MXWL) prior to February 4, 2019, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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