GTY Technology Holdings Inc.
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GTYH STOCK ALERT: HALPER SADEH LLP IS INVESTIGATING WHETHER THE SALE OF GTY TECHNOLOGY HOLDINGS INC. IS FAIR TO SHAREHOLDERS
April 29, 2022.
New York, New York—Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of GTY Technology Holdings Inc. (NASDAQ: GTYH) to GI Partners for $6.30 in cash per share is fair to GTY Technology shareholders.
The investigation concerns whether GTY Technology 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 GTY Technology shareholders; (2) determine whether GI Partners is underpaying for GTY Technology; and (3) disclose all material information necessary for GTY Technology shareholders to adequately assess and value the merger consideration. On behalf of GTY Technology 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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