PRCH - Porch Group Inc. Investors Should Contact Robbins LLP for Information About Our Investigation of PRCH | Benzinga
SAN DIEGO, Sept. 13, 2023 (GLOBE NEWSWIRE) --
Shareholder rights law firm Robbins LLP is investigating Porch Group, Inc. (NASDAQ:PRCH) to determine whether certain Porch Group officers and directors violated securities laws and breached fiduciary duties to shareholders by engaging in a conflicted SPAC process. In December 2020, special purpose acquisition company PropTech Acquisition Corp. (PTAC) completed a business combination with Porch.com, after which the Company proceeded to operate as Porch Group, Inc. At its height, Porch Group shares traded over $27.00 per share. Today, the shares trade under $1.00.
What Now: Porch Group, ...