MILWAUKEE, March 29, 2024 /PRNewswire/ -- Ademi LLP is investigating Doma (NYSE: DOMA) for possible breaches of fiduciary duty and other violations of law in its transaction with Title Resources Group.
Click here to learn how to join the https://www.ademilaw.com/case/doma-holdings-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
In the transaction, Doma shareholders will receive only $6.29 per share of common stock in an all-cash transaction. LENX ST Investor, LLC and Len FW Investor, LLC, representing approximately 25% of the voting power of Doma's common stock, have signed a voting agreement in support of the transaction, agreeing to vote their shares of Doma's common stock in favor of the merger agreement and the transaction. The transaction agreement unreasonably limits competing transactions for Doma by imposing a significant penalty if Doma accepts a competing bid. Doma insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of Doma's board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
If you own Doma common stock and wish to obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, or https://www.ademilaw.com/case/doma-holdings-inc.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
View original content to download multimedia:https://www.prnewswire.com/news-releases/shareholder-alert-ademi-llp-investigates-whether-doma-holdings-inc-has-obtained-a-fair-price-in-its-transaction-with-title-resources-group-302103386.html
SOURCE Ademi LLP
