We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Verso Corporation (“Verso” or the “Company”) (NYSE:VRS), in connection with the proposed acquisition of the Company by BillerudKorsnäsAB (“BillerudKorsnäs”).  Under the terms of the merger agreement, the Company’s shareholders will receive $27.00 in cash for each share of Verso common stock that they hold.

WeissLaw LLP is investigating whether (i) Verso’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $27.00 per-share merger consideration adequately compensates Verso’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.  Notably, the merger consideration is below the $29.25 median price target set by analysts following the Company and at least one analyst set a price target for the Company of $35 per share, $8.00 above the per-share merger consideration.