BTRS Holdings Inc. - Billtrust Shareholders May Have Legal Claims - Kehoe Law Firm, P.C. - BTRS

New York, New York--(Newsfile Corp. - November 3, 2022) - Kehoe Law Firm, P.C. is investigating whether certain directors and officers of BTRS Holdings Inc. ("Billtrust") (NASDAQ: BTRS) breached their fiduciary duties to Billtrust's shareholders in approving a merger with affiliate funds of EQT X and EQT AT ("EQT") (OTC: EQBBF) for inadequate consideration.

The investigation concerns whether Billtrust's board of directors failed to maximize the value of Billtrust for the benefit of Billtrust's shareholders in connection with its announced merger with EQT, in breach of their fiduciary duties to Billtrust's shareholders, and whether Billtrust's shareholders suffered damages as a result.

On September 28, 2022, Billtrust announced it had reached an agreement to be bought out by EQT for $9.50 per share. The transaction is valued at approximately $1.7 billion.

INVESTORS OF BILLTRUST STOCK ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C.

IF YOU ARE A BILLTRUST SHAREHOLDER, YOU MAY HAVE LEGAL CLAIMS AGAINST BILLTRUST'S DIRECTORS AND OFFICERS. IF YOU WISH TO DISCUSS THIS INVESTIGATION, OR HAVE QUESTIONS ABOUT YOUR LEGAL RIGHTS, PLEASE CONTACT JOHN KEHOE, ESQ., (215) 792-6676, EXT. 801, JKEHOE@KEHOELAWFIRM.COM, INFO@KEHOELAWFIRM.COM.

Kehoe Law Firm, P.C., with offices in New York and Philadelphia, is a multidisciplinary, plaintiff-side law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct. Combined, the partners at Kehoe Law Firm, P.C. have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion on behalf of institutional and individual investors.

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