Kaskela Law LLC is investigating SoFi Technologies, Inc. (NASDAQ: SOFI) on behalf of the company’s former employees.

On May 28, 2021, Social Capital Hedosophia Holdings Corp. V (“Social Capital”), a publicly traded special purpose acquisition (“SPAC”) company, announced that Social Capital’s stockholders had approved of an acquisition of privately held Social Finance, Inc. (“Social Finance”).  Social Capital also announced that, upon the closing of the acquisition, the combined company would be renamed SoFi Technologies, Inc. (“SoFi”) and its common stock would start trading under ticker symbol NASDAQ: SOFI.

In connection with the closing of the acquisition, many of Social Finance’s executives and employees had their previously held shares/stock options of privately held Social Finance converted into shares of publicly traded SoFi (NASDAQ: SOFI).  The investigation seeks to determine whether this share conversion was done in a fair manner and in accordance with the securities laws, or whether former Social Finance shareholders were financially harmed in connection with the conversion.

Former Social Finance employees who had their shares/stock options of privately held Social Finance converted into publicly traded shares of SoFi (NASDAQ: PRST) are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 – 0750, or by completing the form on this page, to receive additional information about this investigation and their legal rights and options.

CONTACT:

KASKELA LAW LLC
D. Seamus Kaskela, Esq.
([email protected])
Adrienne Bell, Esq.
([email protected])
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(888) 715 – 1740
(484) 229 – 0750