Marrone Bio Innovations, Inc. (Nasdaq - MBII)

Marrone Bio Innovations, Inc. (Nasdaq – MBII)

SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Marrone Bio Innovations, Inc. (Nasdaq – MBII)

BALA CYNWYD – March 23, 2022 /Globe Newswire/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Marrone Bio Innovations, Inc. (“MBI” or the “Company”) (Nasdaq – MBII) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the Company’s agreement to be acquired by Bioceres Crop Solutions Corp. (“Bioceres”) (Nasdaq – BIOX). Under the terms of the transaction, each share of MBI common stock will be exchanged at closing for ordinary shares of Bioceres at a fixed ratio of 0.088, representing a value of approximately $236 million, based on the Bioceres and MBI share prices at market close on March 15, 2022 and the number of current outstanding MBI shares.

The investigation concerns whether the MBI Board breached its fiduciary duties to shareholders by failing to conduct a fair process, and whether Bioceres is paying too little for the Company.

If you own shares of MBI stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, or call toll free 855-576-4847.

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.

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