{"id":405564,"date":"2020-12-24T13:46:08","date_gmt":"2020-12-24T18:46:08","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=405564"},"modified":"2020-12-24T13:46:08","modified_gmt":"2020-12-24T18:46:08","slug":"shareholder-alert-ademi-llp-investigates-whether-prgx-global-inc-has-obtained-a-fair-price-in-its-transaction-with-ardian","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-ademi-llp-investigates-whether-prgx-global-inc-has-obtained-a-fair-price-in-its-transaction-with-ardian\/","title":{"rendered":"Shareholder Alert: Ademi LLP Investigates whether PRGX Global, Inc. has obtained a Fair Price in its transaction with Ardian"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">MILWAUKEE<\/span>, <span class=\"xn-chron\">Dec. 24, 2020<\/span> \/PRNewswire\/ &#8212;\u00a0Ademi LLP is investigating PRGX Global, Inc. (NASDAQ:PRGX)\u00a0for possible breaches of fiduciary duty and other violations of the law in its transaction with Ardian. <\/p>\n<p>Click here to learn how to join the action: <a href=\"http:\/\/ademilaw.com\/case\/prgx-global-inc\" rel=\"nofollow\">http:\/\/ademilaw.com\/case\/prgx-global-inc<\/a> or call <span class=\"xn-person\">Guri Ademi<\/span> toll-free at 866-264-3995.\u00a0There is no cost or obligation to you. <\/p>\n<p>Ademi LLP alleges\u00a0PRGX Global&#8217;s financial outlook is improving and yet PRGX Global shareholders will receive only <span class=\"xn-money\">$7.71<\/span> per share. The merger agreement unreasonably limits competing bids for PRGX Global\u00a0by prohibiting solicitation of further bids, and imposing a termination penalty if PRGX Global\u00a0accepts a superior bid. PRGX Global\u00a0insiders will receive millions of dollars as part of change of control arrangements. We are investigating the conduct of PRGX Global&#8217;s board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for PRGX Global. <\/p>\n<p>If you own PRGX Global\u00a0common stock and wish to obtain additional information, please contact <span class=\"xn-person\">Guri Ademi<\/span> either at <a target=\"_blank\" href=\"mailto:gademi@ademilaw.com\" rel=\"nofollow noopener noreferrer\">gademi@ademilaw.com<\/a>\u00a0or toll-free: 866-264-3995, or <a href=\"http:\/\/ademilaw.com\/case\/prgx-global-inc\" rel=\"nofollow\">http:\/\/ademilaw.com\/case\/prgx-global-inc<\/a>. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n<p>We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes. <\/p>\n<p>\n        <b>Contacts<\/b>\n      <\/p>\n<p>Ademi LLP<br \/><span class=\"xn-person\">Guri Ademi<\/span><br \/>Toll Free: (866) 264-3995<br \/>Fax: (414) 482-8001<\/p>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG33340&amp;sd=2020-12-24\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-ademi-llp-investigates-whether-prgx-global-inc-has-obtained-a-fair-price-in-its-transaction-with-ardian-301198431.html\">http:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-ademi-llp-investigates-whether-prgx-global-inc-has-obtained-a-fair-price-in-its-transaction-with-ardian-301198431.html<\/a><\/p>\n<p>SOURCE  Ademi LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CG33340&amp;Transmission_Id=202012241343PR_NEWS_USPR_____CG33340&amp;DateId=20201224\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire MILWAUKEE, Dec. 24, 2020 \/PRNewswire\/ &#8212;\u00a0Ademi LLP is investigating PRGX Global, Inc. (NASDAQ:PRGX)\u00a0for possible breaches of fiduciary duty and other violations of the law in its transaction with Ardian. Click here to learn how to join the action: http:\/\/ademilaw.com\/case\/prgx-global-inc or call Guri Ademi toll-free at 866-264-3995.\u00a0There is no cost or obligation to you. Ademi LLP alleges\u00a0PRGX Global&#8217;s financial outlook is improving and yet PRGX Global shareholders will receive only $7.71 per share. The merger agreement unreasonably limits competing bids for PRGX Global\u00a0by prohibiting solicitation of further bids, and imposing a termination penalty if PRGX Global\u00a0accepts a superior bid. PRGX Global\u00a0insiders will receive millions of dollars as part of change of control arrangements. We are investigating the conduct of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-ademi-llp-investigates-whether-prgx-global-inc-has-obtained-a-fair-price-in-its-transaction-with-ardian\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Shareholder Alert: Ademi LLP Investigates whether PRGX Global, Inc. has obtained a Fair Price in its transaction with Ardian&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-405564","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Shareholder Alert: Ademi LLP Investigates whether PRGX Global, Inc. has obtained a Fair Price in its transaction with Ardian - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-ademi-llp-investigates-whether-prgx-global-inc-has-obtained-a-fair-price-in-its-transaction-with-ardian\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shareholder Alert: Ademi LLP Investigates whether PRGX Global, Inc. has obtained a Fair Price in its transaction with Ardian - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire MILWAUKEE, Dec. 24, 2020 \/PRNewswire\/ &#8212;\u00a0Ademi LLP is investigating PRGX Global, Inc. (NASDAQ:PRGX)\u00a0for possible breaches of fiduciary duty and other violations of the law in its transaction with Ardian. Click here to learn how to join the action: http:\/\/ademilaw.com\/case\/prgx-global-inc or call Guri Ademi toll-free at 866-264-3995.\u00a0There is no cost or obligation to you. Ademi LLP alleges\u00a0PRGX Global&#8217;s financial outlook is improving and yet PRGX Global shareholders will receive only $7.71 per share. The merger agreement unreasonably limits competing bids for PRGX Global\u00a0by prohibiting solicitation of further bids, and imposing a termination penalty if PRGX Global\u00a0accepts a superior bid. PRGX Global\u00a0insiders will receive millions of dollars as part of change of control arrangements. 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(NASDAQ:PRGX)\u00a0for possible breaches of fiduciary duty and other violations of the law in its transaction with Ardian. Click here to learn how to join the action: http:\/\/ademilaw.com\/case\/prgx-global-inc or call Guri Ademi toll-free at 866-264-3995.\u00a0There is no cost or obligation to you. Ademi LLP alleges\u00a0PRGX Global&#8217;s financial outlook is improving and yet PRGX Global shareholders will receive only $7.71 per share. The merger agreement unreasonably limits competing bids for PRGX Global\u00a0by prohibiting solicitation of further bids, and imposing a termination penalty if PRGX Global\u00a0accepts a superior bid. PRGX Global\u00a0insiders will receive millions of dollars as part of change of control arrangements. 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