Nov 28, 2023
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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Sale of On Deck Capital, Inc. to Enova International, Inc.
July 29, 2020 5:54 PM EDT | Source: Levi & Korsinsky, LLP
New York, New York--(Newsfile Corp. - July 29, 2020) - The following statement is being issued by Levi & Korsinsky, LLP:
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To: All Persons or Entities who purchased On Deck Capital, Inc. ("OnDeck" or the "Company") (NYSE: ONDK) stock prior to July 28, 2020.
You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of OnDeck to Enova International, Inc. ("Enova") (NYSE: ENVA). Under the terms of the merger, OnDeck shareholders will receive $0.12 cents per share in cash and 0.092 shares of Enova common stock for each share of OnDeck held. To learn more about the action and your rights, go to:
https://www.zlk.com/mna2/on-deck-capital-inc-information-request-form
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.
The OnDeck merger investigation concerns whether the Board of OnDeck breached their fiduciary duties to stockholders by failing to fully explore the company's options before agreeing to enter into this transaction and whether Enova is underpaying for OnDeck shares, thus unlawfully harming OnDeck shareholders.
Levi & Korsinsky is a nationally recognized firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/60781