Kehoe Law Firm, P.C. is investigating whether certain board members and executive officers of Priority Technology Holdings, Inc. (“Priority Technology”) (NASDAQ:PRTH) breached their fiduciary duties to Priority Technology and its shareholders.
The investigation concerns the fairness and adequacy of the proposal by Thomas Priore, Priority Technology’s CEO and controlling shareholder, to acquire Priority Technology’s public shares in an all-cash transaction for between $6.00 and $6.15 per share.
The proposal price is below the 52-week average and high stock prices of $8.19 and $12.47, respectively, and below the average and high Street price targets of $10.80 and $13.00 per share, respectively.
Priority Technology Investors May Have Legal Claims
Investors of Priority Technology are encouraged to complete Kehoe Law Firm’s Stockholder Information Request Form or contact Michael Yarnoff, Esq., (215) 792-6676, Ext. 804, [email protected], [email protected], to learn more about the investigation and receive a free, no-obligation evaluation of potential legal claims.
About Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is a nationally recognized, plaintiff-side class action firm dedicated to protecting investors and consumers from fraud and misconduct. Our attorneys have served as Lead or Co-Lead Counsel in major securities cases, recovering over $10 billion for institutional and individual investors.
Our firm litigates securities fraud, fiduciary breaches, unfair mergers and acquisitions, and antitrust violations, while also representing whistleblowers and advocating for victims of data breaches, consumer fraud, vehicle and product defects, employment law violations, retirement plan mismanagement, and other corporate and business misconduct. With a results-driven approach, we pursue justice and substantial recoveries for those we represent.
Kehoe Law Firm’s class action legal services are provided on a contingency-fee basis, meaning clients are not responsible for any fees or litigation expenses.
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