Benefitfocus, Inc.

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BNFT STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE SALE OF BENEFITFOCUS, INC. IS FAIR TO SHAREHOLDERS

November 1, 2022.

New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Benefitfocus, Inc. (NASDAQ: BNFT) to Voya Financial, Inc. for $10.50 per share is fair to Benefitfocus shareholders.

The investigation concerns whether Benefitfocus and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Benefitfocus shareholders; (2) determine whether Voya is underpaying for Benefitfocus; and (3) disclose all material information necessary for Benefitfocus shareholders to adequately assess and value the merger consideration. On behalf of Benefitfocus shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Halper Sadeh LLC 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.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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