Bottomline Technologies, Inc.

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BOTTOMLINE (EPAY) INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF BOTTOMLINE TECHNOLOGIES, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – EPAY

December 17, 2021.

New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Bottomline Technologies, Inc. (NASDAQ: EPAY) to Thoma Bravo for $57.00 per share in cash is fair to Bottomline shareholders.

The investigation concerns whether Bottomline 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 Bottomline shareholders; (2) determine whether Thoma Bravo is underpaying for Bottomline; and (3) disclose all material information necessary for Bottomline shareholders to adequately assess and value the merger consideration. On behalf of Bottomline shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

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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