BALA CYNWYD, PA / ACCESSWIRE / September 15, 2021 / Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of GreenSky, Inc. ("GreenSky" or the "Company") (NASDAQ:GSKY") for possible breaches of fiduciary duty and other violations of federal and state law in connection with the agreement to be acquired by The Goldman Sachs Group, Inc. ("Goldman Sachs"). Under the terms of the agreement, GreenSky stockholders will receive only 0.03 shares of common stock of Goldman Sachs for each share of GreenSky Class A common stock. Based on the closing share price of Goldman Sachs common stock as of September 14, 2021, this represents a per share price for GreenSky Class A common stock of $12.11 and an implied transaction value of approximately $2.24 billion.
The investigation concerns whether the GreenSky Board breached its fiduciary duties to shareholders by failing to conduct a fair process, and whether Goldman Sachs is paying too little for the Company.
If you own shares of GreenSky stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, visit https://www.brodskysmith.com/cases/greensky-inc-nasdaq-gsky/, 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. Attorney advertising. Prior results do not guarantee a similar outcome
SOURCE: Brodsky & Smith, LLC
View source version on accesswire.com: