NEW YORK, NY / ACCESSWIRE / September 10, 2020 / Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Virtusa Corporation (NASDAQ:VRTU) to funds affiliated with Baring Private Equity Asia ("BPEA") for $51.35 per share is fair to Virtusa shareholders. On behalf of Virtusa shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
If you are a Virtusa shareholder and would like to discuss your legal rights and options, please visit Virtusa Merger or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected].
The investigation concerns whether Virtusa and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to (1) obtain the best possible consideration for Virtusa shareholders; (2) determine whether BPEA is underpaying for Virtusa; and (3) disclose all material information necessary for Virtusa shareholders to adequately assess and value the proposed transaction.
If you are a Virtusa shareholder and would like to discuss your legal rights and options, please visit https://halpersadeh.com/actions/virtusa-corporation-vrtu-stock-merger-baring-asia/ or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected].
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
[email protected]
[email protected]
https://www.halpersadeh.com
SOURCE: Halper Sadeh LLP