BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Enfusion, Inc. (NYSE - ENFN), Intra-Cellular Therapies, Inc. (Nasdaq - ITCI), H&E Equipment Services, Inc. (Nasdaq - HEES), Shutterstock, Inc. (NYSE - SSTK)

BALA CYNWYD, Pa., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.

Enfusion, Inc. (NYSE - ENFN)

Under the terms of the agreement, Enfusion will be acquired by Clearwater Analytics (“Clearwater”) (NYSE - CWAN) for $11.25 per share in cash in a deal worth approximately $1.5 billion. The investigation concerns whether the Enfusion Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the Company’s shareholders are receiving fair value for their shares.

Additional information can be found at https://www.brodskysmith.com/cases/enfusion-inc-nyse-enfn/.

Intra-Cellular Therapies, Inc. (Nasdaq - ITCI)

Under the terms of the Merger Agreement, ITCI will be acquired by Johnson & Johnson (NYSE - JNJ) for $132.00 per share in cash for a total equity value of approximately $14.6 billion. The investigation concerns whether the ITCI Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the Company’s shareholders are receiving fair value for their shares.

Additional information can be found at https://www.brodskysmith.com/cases/intra-cellular-therapies-inc-nasdaq-itci/.

Shutterstock, Inc. (NYSE - SSTK)

Under the terms of the agreement, Shutterstock will be acquired by Getty Images Holdings, Inc. (NYSE - GETY). As a result of the transaction, Shutterstock shareholders will own approximately 45.3% of the combined company. The investigation concerns whether the Shutterstock Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution of the Company’s shareholders in the combined company.

Additional information can be found at https://www.brodskysmith.com/cases/shutterstock-inc-nyse-sstk/.

H&E Equipment Services, Inc. (Nasdaq - HEES)

Under the terms of the agreement, H&E will be acquired by United Rentals, Inc. (“United Rentals”) (NYSE - URI) for $92.00 per share in cash for each H&E share, reflecting a total enterprise value of approximately $4.8 billion, including approximately $1.4 billion of net debt. The investigation concerns whether the H&E Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the Company’s shareholders are receiving fair value for their shares.

Additional information can be found at https://www.brodskysmith.com/cases/equipment-services-inc-nasdaq-hees/.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.