MILWAUKEE, Aug. 15, 2024 /PRNewswire/ -- Ademi LLP is investigating Terran (NYSE: LLAP) for possible breaches of fiduciary duty and other violations of law in its transaction with Lockheed Martin.

Click here to learn how to join our investigation https://www.ademilaw.com/case/terran-orbital-corporation or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.

Terran stockholders will receive only $0.25 in cash for each outstanding share of common stock. The transaction agreement unreasonably limits competing transactions for Terran by imposing a significant penalty if Terran accepts a competing bid. Terran insiders will receive substantial benefits as part of change of control arrangements.

We are investigating the conduct of Terran's board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.

If you own Terran common stock and wish to obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, or https://www.ademilaw.com/case/terran-orbital-corporation. 

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Ademi LLP 

Guri Ademi

Toll Free: (866) 264-3995

Fax: (414) 482-8001

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SOURCE Ademi LLP