BOSTON, June 05, 2024 (GLOBE NEWSWIRE) -- Boston-based law firm Block & Leviton is currently investigating Sterling Check Corp (NASDAQ: STER) for potential breaches of fiduciary duty to shareholders. The investigation arises as a result of Sterling Check Corp’s recent announcement that it has agreed and approved a cash and stock deal with First Advantage Corp for a total equity value of $2.2 billion.
The main concern of the investigation is that the deal was approved via written consent and minority stockholders will not have the opportunity to vote on the transaction. Goldman Sachs controls approximately 52% of Sterling Check Corp. As a result, Block & Leviton is urging all current holders of Sterling Check Crop common stock to contact the firm to learn more about their legal rights and options.
Investors who believe they may be eligible can visit Block & Leviton’s official website at https://www.blockleviton.com/cases/ster for further details and to get in touch with the firm.
Block & Leviton is recognized as one of the country’s leading securities class action firms, representing defrauded investors and seeking significant recoveries through active litigation in federal courts across the United States. The firm’s reputation has attracted top institutional investors who entrust Block & Leviton to protect their interests.
Interested parties can contact Block & Leviton via email at shareholders@blockleviton.com, phone at (888) 256-2510, or by visiting their website at www.blockleviton.com to learn more about their services or ask any questions.
Please note that this notice may be considered attorney advertising.
CONTACT:
BLOCK & LEVITON LLP
260 Franklin St., Suite 1860
Boston, MA 02110
Phone: (888) 256-2510
Email: shareholders@blockleviton.com