Kaskela Law LLC is investigating Stamps.com (NASDAQ: STMP) on behalf of the company’s shareholders.
On July 9, 2021, Stamps.com announced that it had entered into an agreement to be acquired by private equity firm Thoma Bravo. According to the announcement, Stamps.com shareholders are only expected to receive $330.00 per share in cash in exchange for their shares. Following the closing of the proposed transaction, shares of Stamps.com’s stock will no longer be publicly traded.
The investigation is focused on whether Stamps.com’s directors have breached their fiduciary duties by failing to adequately shop the company and maximize shareholder value. The investigation also concerns the fairness of the sales process conducted by J.P. Morgan Securities LLC, Stamps.com’s financial advisor.
Stamps.com shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (484) 258 – 1585, or by completing the information form on this page, for additional investigation about this investigation and their legal rights and options.