The Ademi Firm is investigating Olo (NYSE: OLO) for possible breaches of fiduciary duty and other violations of law in its transaction with Thoma Bravo.
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Click hereto learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.comor toll-free: 866-264-3995. There is no cost or obligation to you.
In the transaction, shareholders of Olo will receive $10.25 per share, valuing Olo at approximately $2.0 billion in equity value. Olo insiderswill receive substantial benefits as part of change of control arrangements.
The transaction agreement unreasonably limits competing transactions for Olo by imposing a significant penalty if Olo accepts a competing bid. We are investigating the conduct of the Olo board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi & Fruchter LLP Guri AdemiToll Free: (866) 264-3995Fax: (414) 482-8001
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SOURCE Ademi LLP
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