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FLOWSERVE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Flowserve Corporation - FLS

1. Investigation into Flowserve and Chart Industries merger announced by Kahn Swick & Foti. 2. Flowserve shareholders will own approximately 46.5% of the combined entity. 3. KSF aims to evaluate the merger's fairness and decision-making process. 4. Legal rights to be discussed without obligation for shareholders if interested. 5. The merger's adequacy is under scrutiny, raising shareholder concerns.

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Why Neutral?

Merger investigations can create uncertainty but may not drastically affect stock prices. Historical examples show similar situations often lead to fluctuating investor sentiment but are generally resolved without major stock price changes.

How important is it?

The investigation may keep shareholders cautious, impacting trading volume but not necessarily price. Ongoing legal scrutiny can lead to temporary volatility.

Why Short Term?

Investigation announcements usually impact sentiment in the near term. Once findings are released, longer-term impacts will be more apparent.

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NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Flowserve Corporation (NYSE: FLS) and Chart Industries, Inc. (NYSE: GTLS). Upon closing of the proposed transaction, Flowserve shareholders will own approximately 46.5% of the combined company, on a fully diluted basis. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger is fair to Flowserve shareholders.

If you would like to discuss your legal rights regarding the proposed transaction, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-fls/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

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