SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Evoqua (NYSE – AQUA)

BALA CYNWYD – January 23, 2023 /Newsfile/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Evoqua (“Evoqua” or the “Company”) (NYSE – AQUA) 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 Xylem Inc. (“Xylem”) (NYSE – XYL). Under the terms of the Merger Agreement, Evoqua shareholders will receive 0.480 shares of Xylem for each Evoqua share, representing a value of $52.89 per share based on Xylem’s closing price as of January 20, 2023, in an all-stock transaction with an enterprise value of approximately $7.5 billion.

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

If you own shares of Evoqua 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.