ENV Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Envestnet, Inc. Is Fair to Shareholders

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Jul 11, 2024

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Envestnet, Inc. (NYSE: ENV) to Bain Capital for $63.15 in cash per share is fair to Envestnet shareholders.

Halper Sadeh encourages Envestnet shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected].

The investigation concerns whether Envestnet and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Envestnet shareholders; (2) determine whether Bain Capital is underpaying for Envestnet; and (3) disclose all material information necessary for Envestnet shareholders to adequately assess and value the merger consideration.

On behalf of Envestnet shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

Halper Sadeh LLC 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.

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