Kehoe Law Firm, P.C. is investigating whether certain directors and officers of FinServ Acquisition Corp. (“FinServ”) (NASDAQ: FSRV), now known as Katapult Holdings, Inc. (“Katapult”) (NASDAQ: KPLT), breached their fiduciary duties to FinServ’s shareholders.
The investigation concerns whether FinServ’s board of directors or executive officers breached their duties of disclosure, duties of candor, and requirements to act in good faith, and whether FinServ’s shareholders suffered damages as a result.
On June 7, 2021, FinServ shareholders of record as of May 11, 2021 approved a merger between FinServ and Katapult.
On August 10, 2021, Katapult announced quarterly financial results, which included disappointing revenue and earnings numbers. Katapult also pulled all future guidance, and Katapult stock has declined significantly since the merger.
INVESTORS OF KATAPULT STOCK WHO HELD FINSERV SHARES ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C. AND PROVIDE DETAILS OF THEIR KATAPULT/FINSERV SECURITIES.
INVESTORS OF KATAPULT HOLDINGS WHO HELD FINSERV STOCK 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.
