Kaskela Law LLC Announces Shareholder Investigation into Acquisition of Medallia, Inc. - MDLA

Philadelphia, Pennsylvania--(Newsfile Corp. - September 25, 2021) - Kaskela Law LLC announces that it is investigating Medallia, Inc. ("Medallia") (NYSE: MDLA) on behalf of the company's shareholders.

On July 26, 2021, Medallia announced that it had entered into an agreement to be acquired by private equity firm Thoma Bravo at a price of $34.00 per share in cash. Prior to that announcement, shares of Medallia had traded over $45.00 per share as recently as February 2021.

The investigation seeks to determine whether Medallia shareholders are expected to receive adequate consideration for their shares, and if Medallia's officers and/or directors violated the securities laws or breached their fiduciary duties in connection with the sale of Medallia to Thoma Bravo.

Medallia shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (888) 715 - 1740, or by email at skaskela@kaskelalaw.com, to discuss this investigation and their legal rights and options. Additional information may also be found at https://kaskelalaw.com/cases/medallia-inc/.

Kaskela Law LLC represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com. This notice may constitute attorney advertising in certain jurisdictions.

D. Seamus Kaskela, Esq.

18 Campus Boulevard, Suite 100
Newtown Square, PA 19073
(484) 258 - 1585
(888) 715 - 1740

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/97650