MILWAUKEE, July 13, 2020 /PRNewswire/ -- Ademi &
O'Reilly, LLP is investigating Benefytt Technologies (Nasdaq:
BFYT) for possible breaches of fiduciary duty and other
violations of the law in connection with the sale to Madison Dearborn.
Click here to learn how to join the action:
http://ademilaw.com/case/benefytt-technologies-inc or call
Guri Ademi toll-free at
866-264-3995. There is no cost or obligation to you.
Ademi & O'Reilly, LLP alleges Benefytt Technologies'
financial outlook is improving and yet shareholders will receive
only $31 per share. The merger
agreement unreasonably limits competing bids for Benefytt
Technologies by prohibiting solicitation of further bids, and
imposing a termination penalty if Benefytt
Technologies accepts a superior bid. Benefytt
Technologies insiders will receive millions of dollars as part
of change of control arrangements. We are investigating the conduct
of Benefytt Technologies' board of directors, and whether they are
(i) fulfilling their fiduciary duties to all shareholders, and (ii)
obtaining a fair and reasonable price for Benefytt
Technologies.
If you own common stock in Benefytt Technologies and wish
to obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or
toll-free: 866-264-3995, or
http://ademilaw.com/case/benefytt-technologies-inc.
We specialize in shareholder litigation involving buyouts,
mergers, and individual shareholder rights throughout the country.
For more information, please feel free to call us. Attorney
advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi & O'Reilly, LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
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SOURCE Ademi & O'Reilly, LLP