SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Calavo Growers, Inc. (Nasdaq – CVGW)
BALA CYNWYD – January 15, 2026/Globe Newswire/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Calavo Growers, Inc. (“Calavo Growers” or the “Company”) (Nasdaq – CVGW) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to Mission Produce, Inc. (“Mission”) (Nasdaq – AVO) whereby Calavo stockholders will receive $27.00 per share (based on the 30-trading day volume weighted average price of Mission common stock for the period ending January 13, 2026), comprised of $14.85 in cash and 0.9790 shares of Mission for each share of Calavo. The transaction values Calavo at a total enterprise value of approximately $430 million. Upon close, Mission shareholders are expected to own approximately 80.3% of the combined company and Calavo shareholders are expected to own approximately 19.7%.
The investigation concerns whether the Calavo Growers Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration provides fair value to the Company’s shareholders.
If you own shares of Calavo Growers 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 by email at clients@brodsky-smith.com, 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.