GlobeNewsWire
02 Jul 2026, 18:49 UTC · 2h ago
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Law firm Johnson Fistel is investigating the Grindr Inc. (GRND) Board for potential breaches of fiduciary duty regarding the termination of buyout negotiations. — Legal investigations into fiduciary breaches and failed buyouts typically create uncertainty and downward pressure on stock prices.
-0.40The investigation focuses on whether the termination of negotiations with Grindr's controlling stockholder disadvantaged minority shareholders. — Concerns over the unequal treatment of minority versus controlling shareholders can lead to governance discounts and increased litigation risk.
-0.20Which stocks this story touches
The company is under investigation by a law firm for potential breaches of fiduciary duty by its board.
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The company is being investigated by a law firm on behalf of investors who suffered losses.
The company is being investigated by a law firm on behalf of investors who suffered losses.
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GlobeNewsWire
2h ago
