Vivint Smart Home Inc. (NYSE - VVNT)

Vivint Smart Home Inc. (NYSE – VVNT)

SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Vivint Smart Home Inc. (NYSE – VVNT)

BALA CYNWYD – December 6, 2022 /Newsfile/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Vivint Smart Home Inc. (“Vivint” or the “Company”) (NYSE – VVNT) 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 NRG Energy, Inc. (“NRG”) (NYSE – NRG). Under the terms of the agreement, NRG will acquire all outstanding shares of Vivint for $12.00 per share in cash for an approximate enterprise value of $5.2 billion, including $2.4 billion of debt.

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

If you own shares of Vivint 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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