PR Newswire | Jul 29, 2020 04:32AM EDT

Whether The Sale Of On Deck Capital, Inc. Is Fair To Shareholders; Investors Are Encouraged To Contact The Firm

07/29 03:32 CDT

On Deck Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether The Sale Of On Deck Capital, Inc. Is Fair To Shareholders; Investors Are Encouraged To Contact The Firm NEW YORK, July 29, 2020

NEW YORK, July 29, 2020 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of On Deck Capital, Inc. (NYSE: ONDK) to Enova International, Inc. is fair to On Deck shareholders. Under the terms of the agreement, On Deck shareholders will receive $0.12 per share in cash and 0.092 shares of Enova common stock for each share of On Deck held. On behalf of On Deck shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

If you are an On Deck shareholder and would like to discuss your legal rights and options, please visit On Deck Merger or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

The investigation concerns whether On Deck and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to: (1) obtain the best possible consideration for On Deck shareholders; (2) determine whether Enova is underpaying for On Deck; and (3) disclose all material information necessary for On Deck shareholders to adequately assess and value the proposed transaction.

If you are an On Deck shareholder and would like to discuss your legal rights and options, please visit https://halpersadeh.com/actions/on-deck-capital-inc-ondk-stock-merger-enova-international/ or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:Halper Sadeh LLPDaniel Sadeh, Esq.Zachary Halper, Esq.(212) 763-0060sadeh@halpersadeh.comzhalper@halpersadeh.com https://www.halpersadeh.com

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SOURCE Halper Sadeh LLP