MILWAUKEE, July 21, 2026 /PRNewswire/ — Ademi LLP is investigating Utz (NYSE: UTZ) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Vertex.
Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you.
Utz shareholders will receive $14.25 per share. Utz insiders will receive substantial benefits as part of change of control arrangements. Upon closing, the Rice and Lissette Family and Intersnack Group will each own 50% of Utz
The transaction agreement unreasonably limits competing transactions for Utz by imposing a significant penalty if Utz accepts a competing bid. We are investigating the conduct of the Utz board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
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Guri Ademi
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SOURCE Ademi LLP