Elevate Credit, Inc.
If you purchased Elevate Credit, Inc. securities and would like to join the action, please click "Join This Action" below.
ELVT STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE SALE OF ELEVATE CREDIT, INC. IS FAIR TO SHAREHOLDERS
November 16, 2022.
New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Elevate Credit, Inc. (NYSE: ELVT) to an affiliate of Park Cities Asset Management LLC for $1.87 per share is fair to Elevate Credit shareholders.
The investigation concerns whether Elevate Credit 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 Elevate Credit shareholders; (2) determine whether Park Cities is underpaying for Elevate Credit; and (3) disclose all material information necessary for Elevate Credit shareholders to adequately assess and value the merger consideration. On behalf of Elevate Credit 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.