Shareholder Alert: Ademi LLP investigates whether Inovalon Holdings, Inc. has obtained a Fair Price in its transaction with Nordic Capital, Insight Partners and Inovalon founder and Chief Executive Officer Keith Dunleavy, M.D.

MILWAUKEE, Aug. 19, 2021 /PRNewswire/ -- Ademi LLP is investigating Inovalon Holdings, Inc. (NASDAQ: INOV), for possible breaches of fiduciary duty and other violations of law in its transaction with Nordic Capital, Insight Partners and Inovalon founder and Chief Executive Officer Keith Dunleavy, M.D.

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

Ademi LLP alleges Inovalon's financial outlook and prospects are excellent and yet Inovalon shareholders will receive only $41.00 per share in cash for each share of Class A Common Stock or Class B Common Stock. The merger agreement unreasonably limits competing bids for Inovalon by prohibiting solicitation of further bids, and imposing a substantial penalty if Inovalon accepts a superior bid. Inovalon insiders will receive millions of dollars as part of change of control arrangements. We are investigating the conduct of Inovalon'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 Inovalon.

If you own Inovalon 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/inovalon-holdings-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.

Contacts

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

SOURCE Ademi LLP