GlobeNewswire Inc | Feb 1, 2021 08:30AM EST

February 01, 2021

PHILADELPHIA, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating PRGX Global, Inc. (NASDAQ: PRGX) on behalf of the companys stockholders.

PRGX shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (484) 258 1585,or by email at skaskela@kaskelalaw.com or online at https://kaskelalaw.com/case/prgx-global-inc/, for additional information about this investigation, and their legal rights and options with respect to this matter.

On December 24, 2020, PRGX announced that it had entered into an agreement to be acquired by investment firm Ardian at a price of $7.71 per share in cash. Following the closing of the proposed transaction, shares of PRGXs common stock will no longer be publicly traded.

The investigation concerns whether $7.71 per share provides sufficient consideration to PRGXs shareholders for their shares of common stock, and whether PRGXs officers and/or directors breached their fiduciary duties to stockholders in connection with the agreement to sell the company to Ardian.

Kaskela Law LLC represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.

CONTACT:

D. Seamus Kaskela, Esq.KASKELA LAW LLC18 Campus Boulevard, Suite 100Newtown Square, PA 19073(484) 258 1585skaskela@kaskelalaw.comwww.kaskelalaw.com

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