ME SHAREHOLDER UPDATE: 23andMe Holding Co. is Under Investigation for Breaches of Fiduciary Duties; Current Shareholders are Urged to Contact BFA Law (Nasdaq:ME)
23andMe Holding Co. (ME)
Company Research
Source: GlobeNewswire
NEW YORK, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into 23andMe Holding Co. (NASDAQ:ME) regarding whether the board of directors and the co-founder and current CEO Anne Wojcicki (“Wojcicki”) of 23andMe breached their fiduciary duties in connection with Wojcicki’s ongoing effort to purchase all 23andMe shares she does not already own. If you are a holder of 23andMe, you are encouraged to submit your information at: https://www.bfalaw.com/cases-investigations/23andme-holding-co. Investigation Details: On July 29, 2024, CEO Wojcicki submitted a non-binding proposal to 23andMe to acquire all shares of 23andMe that were not already owned by Wojcicki or her affiliates. By letter dated August 2, 2024, a Special Committee of the Board of Directors of 23andMe rejected that offer, noting that it “provide[d] no premium to the closing price per share on Wednesday, July 31st, it lack[ed] committed financing, and it [
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ME
Sec Filings
- 11/21/24 - Form 4
- 11/15/24 - Form 144
- 11/15/24 - Form 144
- ME's page on the SEC website