Kaskela Law LLC Initiates Investigation into A-Mark Precious Metals, Inc. over Spectrum Group International Acquisition
Philadelphia, PA – In a recent development, Kaskela Law LLC, a securities law firm based in Philadelphia, PA, has announced the initiation of an investigation on behalf of the shareholders of A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (“A-Mark”) regarding potential securities laws violations in connection with the company’s acquisition of Spectrum Group International, Inc. (“Spectrum”).
Background on the Acquisition
On February 3, 2025, A-Mark announced that it had entered into an agreement to acquire 100% of the outstanding stock of Spectrum in a cash transaction valued at approximately $92 million. The acquisition was expected to close in the first quarter of 2025, subject to customary closing conditions.
Investigation Details
Kaskela Law LLC is investigating whether A-Mark and its board of directors violated securities laws and/or breached their fiduciary duties to A-Mark shareholders in connection with the acquisition. Specifically, the investigation focuses on whether the acquisition price adequately reflects the value of Spectrum and whether the process leading to the transaction was fair to A-Mark shareholders.
Impact on Individual Investors
If you are an A-Mark shareholder and concerned about your rights in relation to the proposed acquisition of Spectrum, you may, no later than March 12, 2025, request information regarding the investigation by contacting Kaskela Law LLC. The investigation may lead to a class action lawsuit against A-Mark, and shareholders may be able to recover damages if it is determined that the company and its directors violated securities laws or breached their fiduciary duties.
Global Implications
The acquisition of Spectrum by A-Mark is not just an isolated event for the companies involved but may have broader implications for the precious metals industry. Spectrum is a leading provider of market intelligence, data, and consulting services to the precious metals industry, and its acquisition by A-Mark, a precious metals wholesaler and distributor, could result in increased market competition and potential consolidation in the industry.
- Competition: The acquisition could intensify competition among precious metals companies, as A-Mark gains access to Spectrum’s market intelligence and consulting services, potentially enhancing its competitive edge.
- Consolidation: The acquisition could also signal a trend towards consolidation in the precious metals industry, as companies look to expand their offerings and strengthen their market positions.
Conclusion
The investigation into A-Mark’s acquisition of Spectrum by Kaskela Law LLC highlights the importance of transparency and fairness in corporate transactions, particularly those involving significant acquisitions. For individual investors, the investigation may provide an opportunity to seek compensation if they believe their rights have been violated. For the precious metals industry, the acquisition could lead to increased competition and potential consolidation, making it an interesting development to monitor closely.
As the investigation progresses, updates will be provided on Kaskela Law LLC’s website (
