January 21, 2021
Business News

WADDEL & REED INVESTOR ALERT by The Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Waddell & Reed Financial, Inc. – WDR


NEW ORLEANS–()–Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Waddell & Reed Financial, Inc. (NYSE: WDR) to Macquarie Group (ASX: MQG; ADR: MQBKY). Under the terms of the proposed transaction, shareholders of Waddell will receive only $25.00 in cash for each share of Waddell that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without…



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