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Newman Ferrara LLP Announces Corporate Governance Investigation of Bridger Aerospace Group Holdings, Inc. – BAER

Bridger Aerospace Group Holdings, Inc. (BAER) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Newman Ferrara LLP announced today that the firm is conducting an investigation on behalf of shareholders of Bridger Aerospace Group Holdings, Inc. (“Bridger” or the “Company”) (NASDAQ:BAER) into potential breaches of fiduciary duty by the Company’s Board of Directors (the “Board”).Bridger, headquartered in Belgrade, MT, operates as an aerial firefighting company, providing aerial wildfire surveillance, relief and suppression, and aerial firefighting services using next-generation technology and environmentally friendly and sustainable firefighting methods. Newman Ferrara’s investigation focuses on decisions made by the Board, without shareholder approval, the result of which significantly diminish shareholder value and do not benefit the Company. Considering the Company’s lackluster performance since its 2023 de-SPAC transaction, it is clear that the Board lacks the ability to fairly assess and oversee the Company’s direction and leadership.Current Brid Show less Read more
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