SHAREHOLDER ALERT: WeissLaw LLP Investigates Star Peak Energy Transition Corp. - PRNewswire

NEW YORK, Dec. 4, 2020 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Star Peak Energy Transition Corp. ("STPK" or the "Company") (NYSE: STPK) in connection with the Company's proposed merger with Stem Inc. ("Stem"), a privately-held artificial intelligence-driven energy storage company. Under the terms of the merger agreement, STPK will acquire Stem through a reverse merger that will result in Stem becoming a public company, traded on the New York Stock Exchange under the ticker symbol "STEM." The transaction values the combined company at approximately $1.35 billion.

If you own STPK shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:

https://www.weisslawllp.com/STPK/

Or please contact:
Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16^th Floor
New York, NY 10036
(212) 682-3025
(888) 593-4771
[email protected]

WeissLaw is investigating whether STPK's board acted in the best interest of STPK's public shareholders in agreeing to the proposed transaction, whether the board was fully informed as to the valuation of Stem, and whether all information regarding the process undertaken by the board and the valuation of the transaction will be fully and fairly disclosed to STPK public shareholders.

WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at [email protected].

SOURCE WeissLaw LLP