HireRight Holdings Investors May Have Legal Claims – HRT
Investors of HireRight Holdings Encouraged To Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating whether certain officers and directors of HireRight Holdings Corporation (“HireRight” or the “Company”) (NYSE: HRT) failed to manage HireRight in an acceptable manner, in breach of their fiduciary duties to HireRight, in connection with HireRight’s proposed acquisition by funds managed by General Atlantic, L.P. and Stone Point Capital LLC.
INVESTORS OF HIRERIGHT STOCK ARE ENCOURAGED TO CLICK HERE OR EMAIL [email protected] TO CONTACT KEHOE LAW FIRM, P.C. TO DISCUSS THE MERGER INVESTIGATION AND POTENTIAL LEGAL CLAIMS.
On February 16, 2024, HireRight announced that it had entered into an agreement to be acquired in a $1.65 billion all-cash deal. Pursuant to the merger agreement, General Atlantic, L.P. and Stone Point Capital LLC will acquire all the outstanding shares they do not already own for $14.35 per share in cash. The deal is expected to close by mid-2024.
The investigation of the acquisition concerns, among other things, whether HireRight’s board of directors oversaw an unfair acquisition process to the potential financial detriment of HireRight investors.
HIRERIGHT INVESTORS ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO LEARN MORE ABOUT THE INVESTIGATION AND POTENTIAL LEGAL CLAIMS.
