HireRight Stock - Investors of HireRight Holdings Encouraged To Contact Kehoe Law Firm, P.C. - HRT

April 10, 2024 2:08 PM EDT | Source: Kehoe Law Firm, P.C.

Philadelphia, Pennsylvania--(Newsfile Corp. - April 10, 2024) - Kehoe Law Firm, P.C. is investigating whether certain officers and directors of HireRight Holdings Corporation ("HireRight" or the "Company") (NYSE: HRT) failed to manage HireRight in an acceptable manner, in breach of their fiduciary duties to HireRight, in connection with HireRight's proposed acquisition by funds managed by General Atlantic, L.P. and Stone Point Capital LLC.

INVESTORS OF HIRERIGHT STOCK ARE ENCOURAGED TO CLICK HERE OR EMAIL INFO@KEHOELAWFIRM.COM TO CONTACT KEHOE LAW FIRM, P.C. TO DISCUSS THE MERGER INVESTIGATION AND POTENTIAL LEGAL CLAIMS.

On February 16, 2024, HireRight announced that it had entered into an agreement to be acquired in a $1.65 billion all-cash deal. Pursuant to the merger agreement, General Atlantic, L.P. and Stone Point Capital LLC will acquire all the outstanding shares they do not already own for $14.35 per share in cash. The deal is expected to close by mid-2024.

The investigation of the acquisition concerns, among other things, whether HireRight's board of directors oversaw an unfair acquisition process to the potential financial detriment of HireRight investors.

HIRERIGHT INVESTORS ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, MYARNOFF@KEHOELAWFIRM.COM, INFO@KEHOELAWFIRM.COM, TO LEARN MORE ABOUT THE INVESTIGATION AND POTENTIAL LEGAL CLAIMS.

Kehoe Law Firm, P.C. 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.

This press release may constitute attorney advertising.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/204954

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