Company: Intersections Inc.
Kaskela Law LLC is investigating potential legal claims against the board of directors of Intersections Inc. (“Intersections” or the “Company”) (NASDAQ: INTX) on behalf of stockholders concerning the proposed acquisition of Intersections by WC SACD One Parent, Inc.
As announced on October 31, 2018, in connection with this transaction Intersections stockholders will receive $3.68 in cash for each share of Intersections common stock that they own. The investigation focuses on whether Intersections and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair sales process of the Company, and whether and by how much the proposed transaction undervalues the Company.
Current stockholders of Intersections who wish to discuss this investigation and their legal rights and options are encouraged to contact Kaskela Law LLC at (888) 715 – 1740 and/or complete the information form on this page.