PR Newswire | Jan 14, 2021 08:02PM EST

01/14 19:02 CST

SHAREHOLDER ALERT: WeissLaw LLP Investigates Crescent Acquisition Corp NEW YORK, Jan. 14, 2021

NEW YORK, Jan. 14, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Crescent Acquisition Corp ("Crescent" or the "Company") (NASDAQ: CRSA) in connection with the Company's proposed merger with LiveVox, a leading cloud-based provider of customer service and digital engagement tools. Under the terms of the merger agreement, Crescent will acquire LiveVox through a reverse merger that will result in LiveVox becoming a public company traded listed on NASDAQ under the symbol "LVOX", with an enterprise value of approximately $350 million.

If you own Crescent shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:

https://www.weisslawllp.com/CRSA/

Or please contact: Joshua Rubin, Esq.WeissLaw LLP 1500 Broadway, 16th Floor New York, NY 10036 (212) 682-3025 (888) 593-4771stockinfo@weisslawllp.com

WeissLaw LLP is investigating whether Crescent's board acted in the best interest of Crescent's public shareholders in agreeing to the proposed transaction, whether the board was fully informed as to the valuation of LiveVox and whether all information regarding the process undertaken by the board and the valuation of the transaction will be fully and fairly disclosed to Crescent public shareholders.

WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com

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SOURCE WeissLaw LLP