BTRS Holdings Inc.
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BTRS STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE SALE OF BTRS HOLDINGS INC. IS FAIR TO SHAREHOLDERS
September 28, 2022.
New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of BTRS Holdings Inc. (NASDAQ: BTRS) to EQT X fund for $9.50 per share in cash is fair to BTRS shareholders.
The investigation concerns whether BTRS 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 BTRS shareholders; (2) determine whether EQT is underpaying for BTRS; and (3) disclose all material information necessary for BTRS shareholders to adequately assess and value the merger consideration. On behalf of BTRS 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.
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