Shareholder Alert: Ademi LLP investigates whether Avalara, Inc. has obtained a Fair Price in its transaction with Vista

MILWAUKEE, Aug. 8, 2022 /PRNewswire/ -- Ademi LLP is investigating Avalara (NYSE: AVLR) for possible breaches of fiduciary duty and other violations of law in its transaction with Vista. 

Click here to learn how to join the action: https://www.ademilaw.com/case/avalara-inc or call Guri Ademi toll-free at 866-264-3995.  There is no cost or obligation to you.

Ademi LLP alleges Avalara's financial outlook and prospects are excellent and yet Avalara holders will receive only $93.50 per share in an all-cash transaction valued at $8.4 billion, inclusive of Avalara's net debt. The transaction agreement unreasonably limits competing bids for Avalara by imposing a significant penalty if Avalara accepts a superior bid. Avalara insiders will receive substantial benefits as part of change of control arrangements.

We are investigating the conduct of Avalara's board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Avalara.

If you own Avalara common stock and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or https://www.ademilaw.com/case/avalara-inc.                       

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Ademi LLP                                                          
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

SOURCE Ademi LLP

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