PR Newswire
PHILADELPHIA, Jan. 8, 2026 /PRNewswire/ — Kaskela Law LLC announces that it is investigating the proposed acquisition of Green Dot Corporation (NYSE: GDOT) to determine whether the transaction as structured is fair to the company’s shareholders.
Click here to request information about your legal rights and options: https://kaskelalaw.com/case/green-dot-corp-buyout/
On November 24, 2025, Green Dot announced that it had entered into agreements to be acquired by Smith Ventures and CommerceOne Financial Corporation. According to the announcement, Smith Ventures will acquire and privatize Green Dot’s non-bank financial technology business assets and operations, and CommerceOne will acquire Green Dot Bank and its associated assets and operations. If the transaction is completed, each share of Green Dot common stock will be exchanged for $8.11 in cash and 0.2215 shares of the new publicly traded bank holding company.
The investigation so far has discovered that the transaction appears to have significant conflicts of interest, thus making the sales process and consideration unfair to the company’s shareholders.
Green Dot shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) for additional information about this investigation and their legal rights and options at (484) 229 – 0750.
Alternatively, investors may contact the firm to request additional information via email at [email protected], or by clicking on the following link (or if necessary, by copying and pasting the link into your browser):
https://kaskelalaw.com/case/green-dot-corp-buyout/
Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation in contingent litigation. For additional information about Kaskela Law LLC, including the firm’s recent notable recoveries for investors, please visit www.kaskelalaw.com.
CONTACT:
KASKELA LAW LLC
D. Seamus Kaskela, Esq.
([email protected])
Adrienne Bell, Esq.
([email protected])
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(484) 229 – 0750
www.kaskelalaw.com
This communication may constitute attorney advertising in certain jurisdictions.
View original content to download multimedia:https://www.prnewswire.com/news-releases/shareholder-notification-kaskela-law-llc-announces-investigation-into-fairness-of-proposed-acquisition-of-green-dot-corp-nyse-gdot-and-encourages-gdot-investors-to-contact-the-firm-302655945.html
SOURCE Kaskela Law LLC
