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NASDAQ:NXEO Shareholder Alert: Investigation over Potential Wrongdoing at Nexeo Solutions, Inc.

Via: ReleaseWire

Updated 12:00 PM CDT, Mon, March 18,2019

An investigation on behalf of investors in Nexeo Solutions, Inc. (NASDAQ: NXEO) shares over potential wrongdoing at Nexeo Solutions, Inc. was announced and NASDAQ: NXEO stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 03/18/2019 -- An investigation was announced concerning possible breaches of fiduciary duties by certain directors at Nexeo Solutions, Inc.

Investors who purchased shares of Nexeo Solutions, Inc. (NASDAQ: NXEO) and currently hold any of those NASDAQ: NXEO shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Nexeo Solutions, Inc directors breached their fiduciary duties and caused damage to the company and its shareholders.

The Woodlands, TX based Nexeo Solutions, Inc. operates as a chemical and plastic products distributor in North America, Europe, the Middle East, Africa, and Asia. It operates through Chemicals, Plastics, and Environmental Services segments.

On Sept. 17, 2018, Univar Inc. (NYSE: UNVR) and Nexeo Solutions, Inc. (NASDAQ: NXEO) announced they have entered into a definitive agreement for Univar to acquire Nexeo in a cash and stock transaction valued at approximately $2.0 billion, including the assumption of Nexeo's debt and other obligations, or $11.65 per Nexeo share, subject to adjustment as described below.

Nexeo Solutions, Inc. reported that its Total Revenue rose from over $3.63 billion for the 12 months period that ended on September 30, 2017 to over $4.03 billion for the 12 months period that ended on September 30, 2018.

Shares of Nexeo Solutions, Inc. (NASDAQ: NXEO) reached as high as $12.52 per share on September 21, 2018. In addition, at least one analyst has set the high price target for NASDAQ: NXEO shares at $14.00 per share.

Those who are current investors in Nexeo Solutions, Inc. (NASDAQ: NXEO) shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

For more information on this press release visit:
http://www.sbwire.com/press-releases/nasdaqnxeo-shareholder-alert-investigation-over-potential-wrongdoing-at-nexeo-solutions-inc-1173916.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com