SRT SPECIAL ALERT: Startek Shareholders Interested in Pursuing Potential Claims Should Contact Julie & Holleman Regarding CSP Buyout

NEW YORK, Oct. 11, 2023 /PRNewswire/ -- Shareholder rights law firm Julie & Holleman LLP is investigating the proposed $174 million buyout of Startek, Inc. (NYSE: SRT) by its majority shareholder, Capital Square Partners (CSP). Julie & Holleman is concerned about the $4.30 per share price being offered as well as potential conflicts of interest.

For a no-cost consult and to learn more about our investigation, please click here or visit: https://julieholleman.com/?p=3156

Startek is a leading provider of customer experience (CX) solutions, supporting some of the world's most iconic brands across a variety of markets. Since 2018, Startek has been controlled by Singaporean private equity investment firm CSP, which currently owns 56% of Startek's stock.

On October 10, 2023, Startek announced that CSP agreed to buy the shares it doesn't already own for $4.30 per share. This is far less than the $5.50 per share price target established by Wall Street analysts.

Julie & Holleman, a nationally recognized firm that exclusively focuses on shareholder matters, is concerned not only about the inadequate price, but also about potential conflicts of interest. As Startek's controller, CSP may have leveraged its influence over the board of directors to secure an unfair deal.

If you would like more information about Julie & Holleman's investigation, or about the acquisition in general, please contact W. Scott Holleman by email at [email protected] or by telephone at (929) 415-1020. You may also visit the firm's website by clicking here.

Julie & Holleman is a boutique law firm that focuses on shareholder litigation, including derivative actions, mergers and acquisitions cases, securities fraud class actions, and corporate investigations. The firm's attorneys litigate in state and federal courts across the nation and have helped secure hundreds of millions of dollars for aggrieved companies and their shareholders. For more information about the firm, please visit www.julieholleman.com. This notice may constitute attorney advertising.

CONTACT INFORMATION

Julie & Holleman LLP
W. Scott Holleman, Esq.
157 East 86th Street
4th Floor
New York, NY 10028
(929) 415-1020
www.julieholleman.com

SOURCE Julie & Holleman LLP