Shareholder Alert: The Ademi Firm investigates whether Synchronoss Technologies Inc. is obtaining a Fair Price for its Public Shareholders

Core Viewpoint - The Ademi Firm is investigating Synchronoss for potential breaches of fiduciary duty and other legal violations related to its transaction with Lumine Group, which involves a significant payout to shareholders and potential benefits for insiders [1][3]. Transaction Details - Synchronoss shareholders are set to receive $9.00 per share, equating to an enterprise value of approximately $258.4 million [2]. - The transaction includes substantial benefits for Synchronoss insiders as part of change of control arrangements [2]. Investigation Focus - The transaction agreement imposes significant penalties on Synchronoss for accepting competing bids, which may limit shareholder options [3]. - The investigation will assess whether the Synchronoss board of directors is fulfilling their fiduciary duties to all shareholders amidst these conditions [3].