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Investigation announced for Investors in shares of EVO Payments, Inc. (NASDAQ: EVOP) over potential Wrongdoing

12-16-2022 05:32 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in EVO Payments, Inc. (NASDAQ: EVOP) shares over potential wrongdoing at EVO Payments, Inc

An investigation on behalf of investors in EVO Payments, Inc. (NASDAQ: EVOP) shares over potential wrongdoing at EVO Payments, Inc

An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at EVO Payments, Inc.

Investors who purchased shares of EVO Payments, Inc. (NASDAQ: EVOP) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain EVO Payments directors breached their fiduciary duties and caused damage to the company and its shareholders.

Atlanta, GA based EVO Payments, Inc. operates as an integrated merchant acquirer and payment processor in the Americas and Europe. On August 1, 2022 - Global Payments Inc. (NYSE: GPN) and EVO Payments, Inc. (NASDAQ: EVOP) announced that Global Payments will acquire EVO Payments, Inc. (NASDAQ: EVOP) in an all-cash transaction for $34.00 per share.

However,cCertain investment funds affiliated with Madison Dearborn Partners, LLC and other EVO stockholders have already entered into voting agreements pursuant to which they have agreed, among other things, to vote their shares of EVO stock in favor of the transaction, subject to certain conditions. These stockholders currently represent approximately 22% of the voting power of EVO's stock.

The investor filed the lawsuit in effort to gain access to books and records concerning the proposed takeover.

Those who are current investors in EVO Payments, Inc. (NASDAQ: EVOP) shares have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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