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SHAREHOLDER ALERT: WeissLaw LLP Investigates TS Innovation Acquisitions Corp.

·2 min read

NEW YORK, Jan. 25, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of TS Innovation Acquisitions Corp. ("TSIA" or the "Company") (NASDAQ: TSIA) in connection with the Company's proposed merger with Latch Inx. ("Latch"), a privately-held building software provider. Under the terms of the merger agreement, TSIA will acquire Latch through a reverse merger that will result in Latch becoming a public company traded on the NASDAQ. The transaction represents an equity value for Latch of approximately $1.56 billion.

WeissLaw LLP (PRNewsfoto/WeissLaw LLP)
WeissLaw LLP (PRNewsfoto/WeissLaw LLP)

If you own TSIA shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:

https://www.weisslawllp.com/TSIA/

Or please contact:
Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY 10036
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com

WeissLaw LLP is investigating whether TSIA's board acted in the best interest of TSIA's public shareholders in agreeing to the proposed transaction, whether the board was fully informed as to the valuation of Latch, and whether all information regarding the process undertaken by the board and the valuation of the transaction will be fully and fairly disclosed to TSIA public shareholders.

WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com

Cision
Cision

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SOURCE WeissLaw LLP