openPR Logo
Press release

Lawsuit filed for Investors in shares of Khosla Ventures Acquisition Co. II (NASDAQ: KVSB) over alleged Breaches Of Fiduciary Duties

10-13-2021 08:11 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A lawsuit was filed by an investor in Khosla Ventures Acquisition Co. II (NASDAQ: KVSB).

A lawsuit was filed by an investor in Khosla Ventures Acquisition Co. II (NASDAQ: KVSB).

An investor, who purchased shares of Khosla Ventures Acquisition Co. II (NASDAQ: KVSB), filed a lawsuit over alleged breaches of fiduciary duties.

If you purchased shares of Khosla Ventures Acquisition Co. II (NASDAQ: KVSB)
, you have certain options and you should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

Menlo Park, CA based Khosla Ventures Acquisition Co. II intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities.

On February 12, 2021, it was announced that Khosla Ventures Acquisition II, the second blank check company formed by Khosla Ventures targeting proprietary tech with large market opportunities, filed on Friday with the SEC to raise up to $400 million in an initial public offering (IPO).

Then, on July 6, 2021, it was reported that Nextdoor Inc. is set to go public as the neighborhood network company announced a merger agreement with special purpose acquisition company Khosla Ventures Acquisition Co. II, in a deal that values the combined company at about $4.3 billion.

After the merger closes, which is expected to occur in the fourth quarter of 2021, Nextdoor will be listed under the ticker symbol "KIND."

The plaintiff claims that the board of directors wrongfully plans to conduct a shareholder vote on the Share Increase Amendment by aggregating the votes of all outstanding shares of common stock without also conducting a separate class vote on the Share Increase Amendment.

Those who purchased shares of Khosla Ventures Acquisition Co. II (NASDAQ: KVSB) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Lawsuit filed for Investors in shares of Khosla Ventures Acquisition Co. II (NASDAQ: KVSB) over alleged Breaches Of Fiduciary Duties here

News-ID: 2428255 • Views: 334

More Releases from Shareholders Foundation

Investigation announced for current long-term Investors in Deutsche Bank Aktieng …
An investigation was announced over potential breaches of fiduciary duties by certain directors at Deutsche Bank Aktiengesellschaft. Investors who purchased shares of Deutsche Bank Aktiengesellschaft (NYSE: DB) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm concerns whether certain Deutsche Bank Aktiengesellschaft directors breached their fiduciary duties and caused damage to the company and its shareholders. On August 25,
Investigation announced for Long-Term Investors in Forte Biosciences, Inc. (NASD …
An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Forte Biosciences, Inc. Investors who purchased shares of Forte Biosciences, Inc. (NASDAQ: FBRX) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm concerns whether certain Forte Biosciences directors breached their fiduciary duties and caused damage to the company and its shareholders. Torrance, CA
Investigation announced for long-term Investors in Illumina, Inc. (NASDAQ: ILMN) …
An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Illumina, Inc.. Investors who purchased shares of Illumina, Inc. (NASDAQ: ILMN) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm concerns whether certain Illumina, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders. On August 18, 2021,
DiDi Global Inc. (NYSE: DIDI) Long Term Investor Investigation over potential Wr …
An investigation on behalf of investors in shares of DiDi Global Inc. (NYSE: DIDI) concerning potential breaches of fiduciary duties by certain directors and officers of DiDi Global Inc. Investors who are current long term investors in DiDi Global Inc. (NYSE: DIDI) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm for current long term investors in

All 5 Releases


More Releases for Khosla

Standard Operating Procedure Management Market 2019 Industry Growth, Share and K …
The report exhibits an inside and out evaluation of the Standard Operating Procedure Management including enabling advancements, emerging trends, industry drivers, challenges, institutionalization, and administrative scene, sending models, administrator contextual investigations, openings, future guide, value cgain, environment player profiles and techniques. This report studies Global Standard Operating Procedure Management in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India with production, revenue, consumption, import and export
Global Standard Operating Procedure Management Market 2018 Analysis By Key Playe …
Summary WiseGuyReports.com adds “Standard Operating Procedure Management Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database. This report provides in depth study of “Standard Operating Procedure Management Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Standard Operating Procedure Management Market report also provides an in-depth survey of key players in the market which is based on the various
Driving Innovation: Liquid Filtration Market By Key Vendors: Clear Edge, Sefar, …
Qyresearchreports include new market research report Liquid Filtration to its huge collection of research reports. This report studies the global Liquid Filtration market status and forecast, categorizes the global Liquid Filtration market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa). Filtration is
Liquid Filtration Global Market 2018: Key Players – Clear Edge, Sefar, Lenntec …
Liquid Filtration Industry Description Wiseguyreports.Com Adds “Liquid Filtration -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023” To Its Research Database This report studies the global Liquid Filtration market status and forecast, categorizes the global Liquid Filtration market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central &
VODAFONE LAUNCHES THE BEST POSTPAID PLAN IN INDIA WITH NEW RED PLANS!
Never Pay For Calls! Never Waste Data! Never Miss Out On The Best Entertainment! Never Worry About Your Smart Phone! Never Pay More When You Get Together! The New Plans Will Be Available To Consumers on 8th November, 2017 NewsPatrolling.com/Glamourtreat.com: Postpaid just got a lot more attractive for consumers. Vodafone India, one of India’s leading telecommunications service providers, today announced the launch of its new set of RED postpaid plans that packs in unprecedented telecom and
Global Biscuit Packaging Machines Market 2016: Focuses on top players Khosla Pre …
The Biscuit Packaging Machines research report by QY Research represents an inclusive evaluation of the Global Biscuit Packaging Machines Market and comprises considerable insights, historical data, facts, and statistical and industry-validated data of the global market. Additionally, it consists of estimated data that is evaluated with the help of suitable set of methodologies and assumptions. The research report highlights informative data and in-depth analysis of Biscuit Packaging Machines market and