{"id":415845,"date":"2021-01-15T11:03:26","date_gmt":"2021-01-15T16:03:26","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=415845"},"modified":"2021-01-15T11:03:26","modified_gmt":"2021-01-15T16:03:26","slug":"shareholder-alert-ademi-llp-investigates-whether-prosight-global-inc-has-obtained-a-fair-price-in-its-transaction-with-towerbrook-capital-partners-l-p-and-further-global-capital-management","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-ademi-llp-investigates-whether-prosight-global-inc-has-obtained-a-fair-price-in-its-transaction-with-towerbrook-capital-partners-l-p-and-further-global-capital-management\/","title":{"rendered":"Shareholder Alert: Ademi LLP Investigates whether ProSight Global, Inc. has obtained a Fair Price in its transaction with TowerBrook Capital Partners L.P. and Further Global Capital Management"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n MILWAUKEE<\/span>, Jan. 15, 2021<\/span> \/PRNewswire\/ —\u00a0Ademi LLP is investigating ProSight (NYSE: PROS) for possible breaches of fiduciary duty and other violations of the law in its transaction with TowerBrook Capital Partners L.P. and Further Global Capital Management. <\/p>\n

Click here to learn how to join the action: http:\/\/ademilaw.com\/case\/prosight-global-inc<\/a>\u00a0or call Guri Ademi<\/span> toll-free at 866-264-3995.\u00a0 There is no cost or obligation to you. <\/p>\n

Ademi LLP alleges\u00a0ProSight’s financial outlook is improving and yet ProSight shareholders will receive only $12.85<\/span> per each ProSight share they own. \u00a0The merger agreement unreasonably limits competing bids for ProSight\u00a0by prohibiting solicitation of further bids, and imposing a termination penalty if ProSight\u00a0accepts a superior bid. ProSight\u00a0insiders will receive millions of dollars as part of change of control arrangements. We are investigating the conduct of ProSight’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 ProSight. <\/p>\n

If you own ProSight\u00a0common stock and wish to obtain additional information, please contact Guri Ademi<\/span> either at gademi@ademilaw.com<\/a>\u00a0or toll-free: 866-264-3995, or http:\/\/ademilaw.com\/case\/prosight-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

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

\n Contacts<\/b>\n <\/p>\n

Ademi LLP
Guri Ademi<\/span>
Toll Free: (866) 264-3995
Fax: (414) 482-8001<\/p>\n

\n \"Cision\" View original content:http:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-ademi-llp-investigates-whether-prosight-global-inc-has-obtained-a-fair-price-in-its-transaction-with-towerbrook-capital-partners-lp-and-further-global-capital-management-301209384.html<\/a><\/p>\n

SOURCE Ademi LLP<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire MILWAUKEE, Jan. 15, 2021 \/PRNewswire\/ —\u00a0Ademi LLP is investigating ProSight (NYSE: PROS) for possible breaches of fiduciary duty and other violations of the law in its transaction with TowerBrook Capital Partners L.P. and Further Global Capital Management. Click here to learn how to join the action: http:\/\/ademilaw.com\/case\/prosight-global-inc\u00a0or call Guri Ademi toll-free at 866-264-3995.\u00a0 There is no cost or obligation to you. Ademi LLP alleges\u00a0ProSight’s financial outlook is improving and yet ProSight shareholders will receive only $12.85 per each ProSight share they own. \u00a0The merger agreement unreasonably limits competing bids for ProSight\u00a0by prohibiting solicitation of further bids, and imposing a termination penalty if ProSight\u00a0accepts a superior bid. ProSight\u00a0insiders will receive millions of dollars as part of change of control … <\/p>\n

Continue reading “Shareholder Alert: Ademi LLP Investigates whether ProSight Global, Inc. has obtained a Fair Price in its transaction with TowerBrook Capital Partners L.P. and Further Global Capital Management”<\/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-415845","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nShareholder Alert: Ademi LLP Investigates whether ProSight Global, Inc. has obtained a Fair Price in its transaction with TowerBrook Capital Partners L.P. and Further Global Capital Management - 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-prosight-global-inc-has-obtained-a-fair-price-in-its-transaction-with-towerbrook-capital-partners-l-p-and-further-global-capital-management\/\" \/>\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 ProSight Global, Inc. has obtained a Fair Price in its transaction with TowerBrook Capital Partners L.P. and Further Global Capital Management - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire MILWAUKEE, Jan. 15, 2021 \/PRNewswire\/ —\u00a0Ademi LLP is investigating ProSight (NYSE: PROS) for possible breaches of fiduciary duty and other violations of the law in its transaction with TowerBrook Capital Partners L.P. and Further Global Capital Management. 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Click here to learn how to join the action: http:\/\/ademilaw.com\/case\/prosight-global-inc\u00a0or call Guri Ademi toll-free at 866-264-3995.\u00a0 There is no cost or obligation to you. Ademi LLP alleges\u00a0ProSight’s financial outlook is improving and yet ProSight shareholders will receive only $12.85 per each ProSight share they own. \u00a0The merger agreement unreasonably limits competing bids for ProSight\u00a0by prohibiting solicitation of further bids, and imposing a termination penalty if ProSight\u00a0accepts a superior bid. 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