Kaskela Law LLC announces that it is investigating Startek, Inc. (NYSE: SRT) on behalf of the company’s shareholders.
On October 10, 2023, Startek announced that it would be acquired by Capital Square Partners (“CSP”) at a price of $4.30 per share in cash, which is below the company’s 52-week high share price. Following the closing of the proposed transactions, Startek’s shareholders will be cashed out of their investment position, and the company’s shares will no longer be publicly traded.
The investigation seeks to determine whether Startek shareholders are expected to receive adequate consideration for their shares, and if Startek’s officers and/or directors violated the securities laws or breached their fiduciary duties in connection with the sale of Startek to CSP.
Startek shareholders 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, for additional information about this investigation and their legal rights and options.