Core Viewpoint - Jamf Holding Corp. is under investigation for potential breaches of fiduciary duties by its board of directors in relation to a proposed take-private sale at a price of $13.05 per share, which may be considered unfairly low for shareholders [1][3]. Group 1: Investigation Details - The investigation is led by Bleichmar Fonti & Auld LLP, focusing on whether Jamf's board and Vista Equity Partners have acted in the best interests of shareholders regarding the acquisition by Francisco Partners Management, L.P. [5][3]. - Jamf's board did not form an independent special committee to assess the transaction, raising concerns about conflicts of interest, particularly since Vista owns 34.4% of Jamf's stock and has the right to appoint four out of nine board members [4][3]. Group 2: Shareholder Implications - Current shareholders of Jamf are encouraged to seek additional information and may have legal options available to them, as the firm operates on a contingency fee basis, meaning no upfront costs for shareholders [6][2]. - The acquisition deal is contingent upon a shareholder vote, but Vista has not been excluded from participating in that vote, which could further complicate the situation for minority shareholders [4][3].
JAMF INVESTORS: The Jamf Holding Corp. Take Private Sale is Under Investigation, Current Shareholders are Urged to Contact BFA Law