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home / news releases / VRTU - Virtusa Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Virtusa Corporation is Fair to Shareholders; Investors are Encouraged to Contact the Firm - VRTU


VRTU - Virtusa Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Virtusa Corporation is Fair to Shareholders; Investors are Encouraged to Contact the Firm - VRTU

NEW YORK, NY / ACCESSWIRE / September 10, 2020 / Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Virtusa Corporation (NASDAQ:VRTU) to funds affiliated with Baring Private Equity Asia ("BPEA") for $51.35 per share is fair to Virtusa shareholders. On behalf of Virtusa shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

If you are a Virtusa shareholder and would like to discuss your legal rights and options, please visit Virtusa Merger or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

The investigation concerns whether Virtusa and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to (1) obtain the best possible consideration for Virtusa shareholders; (2) determine whether BPEA is underpaying for Virtusa; and (3) disclose all material information necessary for Virtusa shareholders to adequately assess and value the proposed transaction.

If you are a Virtusa shareholder and would like to discuss your legal rights and options, please visit https://halpersadeh.com/actions/virtusa-corporation-vrtu-stock-merger-baring-asia/ or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com

SOURCE: Halper Sadeh LLP



View source version on accesswire.com:
https://www.accesswire.com/605577/Virtusa-Merger-Investigation-Halper-Sadeh-LLP-Announces-Investigation-Into-Whether-the-Sale-of-Virtusa-Corporation-is-Fair-to-Shareholders-Investors-are-Encouraged-to-Contact-the-Firm-VRTU

Stock Information

Company Name: Virtusa Corporation
Stock Symbol: VRTU
Market: NASDAQ
Website: virtusa.com

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