New York, New York--(Newsfile Corp. - April 17, 2024) - Scott+Scott Attorneys at Law LLP ("Scott+Scott"), an international securities and consumer rights litigation firm, is investigating whether the directors of Model N, Inc. ("Model N") (NYSE: MODN) breached their fiduciary duties to its shareholders in approving a merger with Vista Equity Partners ("Vista") for inadequate consideration. If you are a Model N shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982 or jpettigrew@scott-scott.com.
Scott+Scott is investigating whether Model N's board of directors failed to maximize the value of Model N for the benefit of Model N's shareholders in connection with its announced merger with Vista, in breach of their fiduciary duties to Model N's shareholders, and whether Model N's shareholders have suffered damages as a result.
On April 8, 2024, Model N announced that it had reached an agreement to be bought out by an affiliate of Vista for $30.00 per share. The transaction is valued at approximately $1.25 billion.
What You Can Do
If you are a Model N shareholder, you may have legal claims against Model N's directors. If you wish to discuss this investigation, or have questions about this notice or your legal rights, please contact attorney Joe Pettigrew toll-free at 844-818-6982 or jpettigrew@scott-scott.com.
About Scott+Scott
Scott+Scott has significant experience in prosecuting major securities, antitrust, and consumer rights actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, and Ohio.
Attorney Advertising
CONTACT:
Joe Pettigrew
Scott+Scott Attorneys at Law LLP
600 W. Broadway, Suite 3300, San Diego, CA 92101
844-818-6982
jpettigrew@scott-scott.com
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