SAN DIEGO, Sept. 17, 2019 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a lawsuit was filed for investors in shares of Monotype Imaging Holdings Inc. (TYPE).
Investors, who purchased shares of Monotype Imaging Holdings Inc. (NASDAQ: TYPE), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
On July 26, 2019, Monotype Imaging Holdings Inc. announced that it has entered into an agreement under which HGGC, a leading middle market private equity firm, will acquire all outstanding shares of Monotype common stock for $19.85 per share in cash, representing an aggregate equity value of approximately $825 million.
On August 26, 2019, Monotype Imaging Holdings Inc. filed a proxy statement with the United States Securities and Exchange Commission (“SEC”) in connection with the proposed takeover.
On September 3, 2019, a lawsuit was filed in connection with the takeover of Monotype Imaging Holdings Inc. The plaintiff alleges that the Proxy Statement omits material information with respect to the Proposed Transaction, which renders the Proxy Statement false and misleading.
Those who purchased shares of Monotype Imaging Holdings Inc. (NASDAQ: TYPE) have certain options and should contact the Shareholders Foundation, Inc.
CONTACT:
Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.