THL

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Agiliti, Inc. (NYSE – AGTI), L.S. Starrett Company (NYSE - SCX), Equitrans Midstream Corporation (NYSE - ETRN), Sterling Check Corp. (Nasdaq – STER)

Retrieved on: 
Monday, March 11, 2024

If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.

Key Points: 
  • If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.
  • Starrett will be acquired by an affiliate of MiddleGround Capital (“MiddleGround”) in an all-cash transaction for $16.19 per share.
  • Under the terms of the Merger Agreement, Equitrans will be acquired by EQT Corporation (“EQT”) (NYSE - EQT) in an all-stock transaction.
  • Sterling shareholders will elect to receive either $16.73 in cash or 0.979 shares of First Advantage common stock for each Sterling share.

SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Agiliti, Inc. (NYSE – AGTI)

Retrieved on: 
Tuesday, March 5, 2024

The investigation concerns whether the Agiliti Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration offers fair value to the Company’s shareholders.

Key Points: 
  • The investigation concerns whether the Agiliti Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration offers fair value to the Company’s shareholders.
  • You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman by email at [email protected] , visit https://www.brodskysmith.com/cases/agiliti-inc-nyse-agti/ , or call toll free 855-576-4847.
  • Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits.
  • The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders.

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Acquisition of Agiliti Inc. by Thomas H. Lee Partners, L.P.

Retrieved on: 
Friday, March 1, 2024

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the acquisition of Agiliti by its controlling stockholder, Thomas H. Lee Partners, L.P. (“THL”).

Key Points: 
  • You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the acquisition of Agiliti by its controlling stockholder, Thomas H. Lee Partners, L.P. (“THL”).
  • As a result of the merger, Agiliti stockholders will receive only $10.00 per share in cash, $4.00 per share less than the April 2021 IPO price at which THL took the Company public.
  • To learn more about the action and your rights, go to:
    or contact Joseph E. Levi, Esq.
  • Levi & Korsinsky is a nationally recognized firm with offices in New York, Connecticut, California, and Washington, D.C.

SHAREHOLDER NEWS: Johnson Fistel Investigates Proposed Sale of Agiliti

Retrieved on: 
Monday, February 26, 2024

SAN DIEGO, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Agiliti Inc. (NYSE: AGTI) breached their fiduciary duties in connection with the proposed sale of the Company to Thomas H. Lee Partners, L.P. ("THL").

Key Points: 
  • SAN DIEGO, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Agiliti Inc. (NYSE: AGTI) breached their fiduciary duties in connection with the proposed sale of the Company to Thomas H. Lee Partners, L.P. ("THL").
  • Under the terms of the deal, Agiliti shareholders will receive only $10 per share in cash.
  • Nationally recognized, Johnson Fistel is investigating whether the proposed deal represents adequate consideration, especially given analysts' projections for future earnings growth and last year Agiliti shares traded over $19.
  • If you are a shareholder in Agiliti.

AGILITI MERGER INVESTIGATION (AGTI) - Andrews & Springer LLC Is Investigating Agiliti Inc. For Potential Breaches of Fiduciary Duty

Retrieved on: 
Monday, February 26, 2024

The two parties have announced that they reached an agreement in principle pursuant to which THL Partners will acquire Agiliti in a going private merger.

Key Points: 
  • The two parties have announced that they reached an agreement in principle pursuant to which THL Partners will acquire Agiliti in a going private merger.
  • As a result of the merger, Agiliti shareholders are only anticipated to receive $10.00 per share in cash in exchange for each share of Agiliti.
  • Evidence from certain members of the analyst community covering Agiliti suggests that the $10 per share consideration is also unfair.
  • Andrews & Springer is a boutique securities class action law firm representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty or corporate misconduct.

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Agiliti, Inc. (NYSE – AGTI), NGM Biopharmaceuticals, Inc. (Nasdaq – NGM), VIZIO Holding Corp. (NYSE - VZIO), HireRight Holdings Corporation (NYSE – HRT)

Retrieved on: 
Monday, February 26, 2024

BALA CYNWYD, Pa., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations.

Key Points: 
  • BALA CYNWYD, Pa., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations.
  • If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.
  • Under the terms of the agreement, Agiliti will be acquired by Thomas H. Lee Partners, L.P. (“THL”).
  • Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits.

Agiliti Announces Financial Results for Fourth Quarter and Full-Year 2023

Retrieved on: 
Tuesday, March 5, 2024

Agiliti Inc. (NYSE: AGTI) (“Agiliti”), a nationwide provider of healthcare technology management and service solutions to the healthcare industry, today announced its financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • Agiliti Inc. (NYSE: AGTI) (“Agiliti”), a nationwide provider of healthcare technology management and service solutions to the healthcare industry, today announced its financial results for the fourth quarter and year ended December 31, 2023.
  • Net loss for the three months ended December 31, 2023 was $5.7 million, compared to net income of $3.4 million for the same period of 2022.
  • The transaction has been approved by THL Agiliti LLC in its capacity as the majority shareholder of Agiliti and no other shareholder approval is required.
  • In light of this agreement, Agiliti will no longer hold a conference call to discuss financial results for the fourth quarter and full year 2023.

Agiliti Inc. (AGTI) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

Retrieved on: 
Tuesday, March 5, 2024

Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Agiliti Inc. (“Agiliti” or “the Company”) (NYSE: AGTI).

Key Points: 
  • Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Agiliti Inc. (“Agiliti” or “the Company”) (NYSE: AGTI).
  • Investors who purchased Agiliti securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/AGTI .
  • The two parties have announced that they reached an agreement in principle pursuant to which THL Partners will acquire Agiliti in a going private merger.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

Agiliti Inc. (AGTI) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

Retrieved on: 
Wednesday, February 28, 2024

Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Agiliti Inc. (“Agiliti” or “the Company”) (NYSE: AGTI).

Key Points: 
  • Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Agiliti Inc. (“Agiliti” or “the Company”) (NYSE: AGTI).
  • Investors who purchased Agiliti securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/AGTI .
  • The two parties have announced that they reached an agreement in principle pursuant to which THL Partners will acquire Agiliti in a going private merger.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

Agiliti to Be Taken Private by THL Partners

Retrieved on: 
Monday, February 26, 2024

A special committee (the “Special Committee”) of the Agiliti Board of Directors, comprised solely of non-management directors not affiliated or associated with THL and advised by its own independent legal and financial advisors, determined that the proposed transaction is in the best interest of Agiliti and its shareholders (other than THL and its affiliates).

Key Points: 
  • A special committee (the “Special Committee”) of the Agiliti Board of Directors, comprised solely of non-management directors not affiliated or associated with THL and advised by its own independent legal and financial advisors, determined that the proposed transaction is in the best interest of Agiliti and its shareholders (other than THL and its affiliates).
  • Acting upon the unanimous recommendation of the Special Committee, the Agiliti Board of Directors approved the transaction.
  • The transaction has been approved by THL Agiliti LLC in its capacity as the majority shareholder of Agiliti and no other shareholder approval is required.
  • Upon completion of the transaction, Agiliti will become a private company and will no longer be publicly listed or traded on the New York Stock Exchange.