Shareholder rights law firm Johnson & Weaver, LLP has launched an
investigation into whether the board members of Cleco Corporation (NYSE:
CNL),a public utility company, breached their fiduciary duties in
connection with the proposed $3.4 billion sale of the company to an
investment group led by Macquarie Infrastructure and Real Assets.
for CLECO SHAREHOLDER ALERT: Johnson & Weaver, LLP Investigates the Fairness of Price and Process in Proposed Sale of Cleco Corporation (CNL) investment picks