The Ademi Firm is investigating Udemy (Nasdaq: UDMY) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Coursera.
In the transaction, Udemy shareholders will receive $0.800 shares of Coursera common stock for each Udemy share in an all-stock transaction valued at approximately $2.5 billion based on closing prices from December 16, 2025. Udemy insiders will receive substantial benefits as part of change of control arrangements.
The transaction agreement unreasonably limits competing transactions for Udemy by imposing a significant penalty if Udemy accepts a competing bid. We are investigating the conduct of the Udemy board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
Join this Action