Kaskela Law LLC is investigating MoneyLion Inc. (NYSE: ML) on behalf of the company’s current shareholders.

On December 10, 2024, MoneyLion announced that it had agreed to be acquired by Gen Digital Inc. at a price of $82.00 per share in cash.  Following the closing of the transaction, MoneyLion’s current stockholders will be cashed out of their investment position and the company’s shares will no longer be publicly traded.

The investigation seeks to determine whether MoneyLion’s officers and/or directors violated the securities laws in agreeing to sell the company at $82.00 per share, and whether $82.00 per share represents sufficient monetary consideration for MoneyLion’s investors.  Notably, at the time the buyout was announced, several stock analysts were maintaining price targets for ML shares of over $100.00 per share.

MoneyLion shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 – 0750, or by completing the form on this page, to receive additional information about this investigation and their legal rights and options.

CONTACT:

KASKELA LAW LLC
D. Seamus Kaskela, Esq.
([email protected])
Adrienne Bell, Esq.
([email protected])
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(888) 715 – 1740
(484) 229 – 0750