1. Class action firm investigating Performant's sale to Machinify. 2. Shareholders can expect $7.75 per share in cash. 3. Questions raised about the fairness of the transaction.
The investigation suggests shareholder discontent and possible legal issues, historically leading to price declines in similar situations.
Investigations often signal shareholder concerns, which can lead to price volatility.
Financial impacts from class action announcements are generally felt quickly, affecting share prices soon after.
NEW YORK, Aug. 7, 2025 /PRNewswire/ -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Performant Healthcare, Inc. (NASDAQ: PHLT) related to its sale to Machinify. Under the terms of the proposed transaction, Performant shareholders will receive $7.75 in cash per share. Is it a fair deal?
Click here for more info https://monteverdelaw.com/case/performant-healthcare-inc. It is free and there is no cost or obligation to you.
NOT ALL LAW FIRMS ARE EQUAL. Before you hire a law firm, you should talk to a lawyer and ask:
About Monteverde & Associates PC
Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court.
No one is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.
Contact:
Juan Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4740
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2025 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.
View original content to download multimedia:https://www.prnewswire.com/news-releases/shareholder-alert-the-ma-class-action-firm-announces-an-investigation-of-performant-healthcare-inc-nasdaq-phlt-302524885.html
SOURCE Monteverde & Associates PC