NEW YORK, Jan. 18, 2023 /PRNewswire/ — Rowley Law PLLC is investigating potential securities law violations by Volta Inc. (NYSE: VLTA) and its board of directors concerning the proposed acquisition of the company by Shell (NYSE: SHEL). Stockholders will receive $0.86 for each share of Volta stock that they hold. The transaction is valued at approximately $169 million and is expected to close in the first half of 2023.
If you are a stockholder of Volta Inc. and are interested in obtaining additional information regarding this investigation. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by telephone at 914-400-1920 or 844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation.