Cases & investigations

Cases & investigations

Comerica

Kaskela Law LLC announces that a shareholder class action lawsuit has been filed against Comerica Inc. (NYSE: CMA) in connection with the company’s proposed acquisition by Fifth Third Bancorp.

According to the complaint, after an activist investor called for his termination, Comerica’s CEO “raced to find a friendly white knight that could provide him with a lucrative post-closing role” and contacted Fifth Third Bancorp to encourage its CEO to make a proposal to acquire Comerica.

The complaint further details how Comerica’s board of directors has “improperly locked up the merger through preclusive deal protections” in an attempt to ensure that no superior bid emerges for Comerica.

Comerica stockholders who purchased or acquired CMA shares prior to July 1, 2025 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) for additional information about this action and their legal rights and options at (484) 229 – 0750, by email at [email protected], or by completing the form on this page, to receive additional information about this investigation and their legal rights and options.

 

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