Ademi LLP is investigating TruBridge (NASDAQ: TBRG) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Inventurus Knowledge Solutions.
TruBridge stockholders will receive $26.25 per share. TruBridge insiders will receive substantial benefits as part of change of control arrangements.
The transaction agreement unreasonably limits competing transactions for TruBridge by imposing a significant penalty if TruBridge accepts a competing bid. We are investigating the conduct of the TruBridge board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
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