SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Performant Healthcare, Inc. (Nasdaq - PHLT)

Core Viewpoint - The law office of Brodsky & Smith is investigating potential claims against the Board of Directors of Performant Healthcare for possible breaches of fiduciary duty related to the sale of the Company to Machinify at a price of $7.75 per share in cash [1][2]. Group 1 - The investigation focuses on whether the Board of Performant Healthcare failed to conduct a fair process in the sale, particularly regarding the fairness of the consideration provided to shareholders [2]. - The transaction involves Machinify acquiring all outstanding shares of Performant Healthcare for a total cash consideration of $7.75 per share [1]. Group 2 - Brodsky & Smith is a litigation law firm with a strong track record in representing shareholders in securities and class action lawsuits, having successfully recovered millions for clients [4].