PR Newswire | Dec 14, 2020 12:24PM EST

obtained a Fair Price in its transaction with Vista Equity Partners

12/14 11:24 CST

Shareholder Alert: Ademi LLP Investigates whether Pluralsight, Inc. has obtained a Fair Price in its transaction with Vista Equity Partners MILWAUKEE, Dec. 14, 2020

MILWAUKEE, Dec. 14, 2020 /PRNewswire/ -- Ademi LLP is investigating Pluralsight, Inc. (Nasdaq:PS) for possible breaches of fiduciary duty and other violations of the law in its transaction with Vista.

Click here to learn how to join the action: http://ademilaw.com/case/pluralsight-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.

Ademi LLP alleges Pluralsight's financial outlook is improving and yet Pluralsight shareholders will receive only $20.26 per share in an all-cash transaction valued at approximately $3.5 billion. The merger agreement unreasonably limits competing bids for Pluralsight by prohibiting solicitation of further bids, and imposing a termination penalty if Pluralsight accepts a superior bid. Pluralsight insiders will receive millions of dollars as part of change of control arrangements. We are investigating the conduct of Pluralsight's board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Pluralsight.

If you own common stock in Pluralsight and wish to obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, or http://ademilaw.com/case/pluralsight-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 LLPGuri AdemiToll Free: (866) 264-3995Fax: (414) 482-8001

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SOURCE Ademi LLP