STER - SHAREHOLDER NEWS: Johnson Fistel Investigates Proposed Sale of Sterling Check; Are Shareholders Getting a Fair Deal? | Benzinga
SAN DIEGO, Feb. 29, 2024 (GLOBE NEWSWIRE) --
Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Sterling Check (NASDAQ:STER) breached their fiduciary duties in connection with the proposed sale of the Company to First Advantage (NASDAQ:FA).
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On February 29, 2024, Sterling Check announced that it had entered a deal to merge with First Advantage. Under the terms of the deal, Sterling Check shareholders will elect to receive either $16.73 ...