Cases & investigations

Cases & investigations

PAE Incorporated

Kaskela Law LLC is investigating PAE Incorporated (NASDAQ: PAE) on behalf of the company’s shareholders.

On October 25, 2021, PAE announced that it had entered into an agreement to be acquired by Amentum Holdings LLC (“Amentum”).  According to the announcement, PAE shareholders are expected to receive $10.05 per share in cash in exchange for their shares.  Following the closing of the proposed transaction, shares of PAE’s stock will no longer be publicly traded.

The investigation is focused on whether PAE’s directors have breached their fiduciary duties and/or violated the securities laws by failing to adequately shop the company and maximize shareholder value.  The investigation also concerns the fairness of the sales process conducted by Morgan Stanley & Co. LLC, PAE’s financial advisor.

PAE shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (484) 258 – 1585, or by completing the form on this page, for additional information about this investigation and their legal rights and options.

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