Class Action Lawsuit Filed Against Dun & Bradstreet Regarding Merger Disclosure
Pomerantz LLP has announced a class action lawsuit against Dun & Bradstreet Holdings, Inc. (NYSE: DNB) following its acquisition by Clearlake Capital Group, L.P. The litigation alleges that the company and its executives engaged in securities fraud by making false or misleading statements regarding the merger process. The complaint specifically claims that the proxy statement misled investors about the true value of the company and omitted material facts, such as Executive Chairman William P. Foley II's personal interest in a rapid sale. Additionally, it is alleged that the company failed to disclose superior valuation alternatives from Bank of America Securities and misstated financial projection revisions. Investors who purchased DNB securities during the class period have until November 10, 2026, to request appointment as Lead Plaintiff. The merger, which closed on August 26, 2025, at $9.15 per share in cash, is now under legal scrutiny for potential breaches of fiduciary duty.
Topics: Litigation Mergers and Acquisitions Securities Fraud
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