Cases & investigations

Cases & investigations

Vericity

Kaskela Law LLC announces that it is investigating Vericity, Inc. (“Vericity”) (NASDAQ: VERY) on behalf of the company’s shareholders.

On October 3, 2023, Vericity announced that it had agreed to be acquired by iA American Holdings, Inc. at a price of $11.43 per share in cash.  Following the closing of the proposed transaction, Vericity investors 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 Vericity shareholders are receiving sufficient consideration for their shares, and whether Vericity’s officers and/or directors breached their fiduciary duties or violated the securities laws in agreeing to sell the company at $11.43 per share.

Vericity 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.

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