MILWAUKEE, June 27, 2019 /PRNewswire/ -- Ademi &
O'Reilly, LLP is investigating WageWorks, Inc. (NYSE:
WAGE) for possible breaches of fiduciary duty and other
violations of the law in connection with the sale of WageWorks to
HealthEquity.
Click here to learn how to join the action:
http://ademilaw.com/case/wageworks or call Guri Ademi toll-free at 866-264-3995. There
is no cost or obligation to you.
Ademi & O'Reilly, LLP alleges WageWorks' financial outlook
is improving and yet shareholders will receive only $51.35. HealthEquity is acquiring WageWorks
at a substantial discount. The merger agreement unreasonably
limits competing bids for WageWorks by prohibiting solicitation of
further bids, and imposing a termination penalty if WageWorks
accepts a superior bid. WageWorks insiders will receive millions of
dollars as part of change of control arrangements. We are
investigating on the conduct of WageWorks'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
WageWorks.
If you own common stock in WageWorks and wish to obtain
additional information, please contact Guri
Ademi either at gademi@ademilaw.com or toll-free:
866-264-3995, or http://ademilaw.com/case/wageworks.
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.
Contacts
Ademi & O'Reilly, LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
View original
content:http://www.prnewswire.com/news-releases/shareholder-alert-ademi--oreilly-llp-investigates-whether-wageworks-inc-has-obtained-a-fair-price-in-its-sale-to-healthequity-inc-300876111.html
SOURCE Ademi & O'Reilly, LLP