NEW YORK, Aug. 07, 2026 (GLOBE NEWSWIRE) — Leading securities law firm\u00a0Bleichmar Fonti & Auld LLP<\/strong><\/a> announces that it is investigating the take-private merger of Utz Brands, Inc. (NYSE: UTZ), through which the founding Rice and Lissette family (through various entities) will own 50% of the post-merger company.<\/p>\n If you are a current shareholder of Utz Brands, you are encouraged to obtain additional information by visiting: https:\/\/www.bfalaw.com\/cases\/utz-brands-investigation<\/strong><\/a>.<\/strong><\/p>\n Key Details of the Utz Brands ($UTZ) Investigation:<\/strong><\/p>\n Why is the Utz Brands Transaction being Investigated?<\/strong><\/p>\n On July 21, 2026, Utz announced that it had entered into a definitive agreement under which Intersnack Group will acquire all Utz Class A Common Stock for $14.25 per share in cash. As a part of the merger, the Rice and Lissette family (as well as certain affiliates) have agreed to vote shares representing approximately 42% of Utz\u2019 common stock in favor of the transaction.<\/p>\n After the merger, the Rice and Lissette family group will own 50% of the post-merger company, representing an approximate 8% gain in their collective ownership. Public shareholders, who are being asked to vote to approve the transaction, have not had the same opportunity to roll their shares into the post-merger entity.<\/p>\n BFA is investigating whether the negotiation or terms of the merger may represent a breach of fiduciary duty by any of Utz\u2019 directors, or by the Rice and Lissette family as potential controllers of the corporation.<\/p>\n Click here for more information:<\/strong><\/p>\n https:\/\/www.bfalaw.com\/cases\/utz-brands-investigation<\/strong><\/a>\u00a0\u00a0<\/p>\n What Can You Do?<\/strong><\/p>\n If you are a current holder of Utz stock, you may have legal options and are encouraged to submit your information to the firm.<\/p>\n All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.<\/p>\n Submit your information by visiting:<\/strong><\/p>\n https:\/\/www.bfalaw.com\/cases\/utz-brands-investigation<\/strong><\/a><\/p>\n Or contact:<\/p>\n Adam McCall Why Bleichmar Fonti & Auld LLP?<\/strong><\/p>\n BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA<\/em>, The Legal 500<\/em>, and ISS SCAS<\/em>, and its attorneys have been named \u201cElite Trial Lawyers\u201d by the National Law Journal<\/em>, \u201cLitigation Stars\u201d by Benchmark Litigation<\/em>, among the top \u201c500 Leading Plaintiff Financial Lawyers\u201d by Lawdragon<\/em>, \u201cTitans of the Plaintiffs\u2019 Bar\u201d by Law360<\/em> and \u201cSuperLawyers\u201d by Thomson Reuters.<\/p>\n Most recently, The Legal 500 <\/em>awarded BFA the most client satisfaction accolades of any plaintiff\u2019s securities litigation law firm, with clients noting: \u201c[t]here is no better service provider in the practice area,\u201d \u201c[t]he interest of the client is always front and center,\u201d and \u201c[t]here isn\u2019t a better firm in this space.\u201d One testimonial described the firm as \u201cnimble and entrepreneurial,\u201d with a \u201crelentless focus on adding value for clients.\u201d\u00a0<\/p>\n Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.\u2019s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.<\/p>\n For more information about BFA and its attorneys, please visit https:\/\/www.bfalaw.com<\/a>.<\/p>\n\n
adam@bfalaw.com<\/a>
212.789.3619<\/p>\n
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