SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Zurn Water Solutions Corporation (NYSE – ZWS)

BALA CYNWYD – February 16, 2022 /Globe Newswire/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Zurn Water Solutions Corporation (“Zurn” or the “Company”) (NYSE – ZWS) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the Company’s agreement to merge with Elkay Manufacturing Company (“Elkay”). Under the terms of the merger agreement, Elkay shareholders will receive up to 52.5M shares of Zurn, which will result in Elkay shareholders owning approximately 29% of the combined company and current Zurn shareholders owning approximately 71% of the combined company.

The investigation concerns whether the Zurn Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution of their holdings in the combined company.

If you own shares of Zurn 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.