Castlight Health, Inc.

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CASTLIGHT (CSLT) STOCK INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF CASTLIGHT HEALTH, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – CSLT

January 5, 2022.

New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Castlight Health, Inc. (NYSE: CSLT) to Vera Whole Health, Inc. for $2.05 in cash per share is fair to Castlight shareholders.

The investigation concerns whether Castlight 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 Castlight shareholders; (2) determine whether Vera is underpaying for Castlight; and (3) disclose all material information necessary for Castlight shareholders to adequately assess and value the merger consideration. On behalf of Castlight 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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