JAMF NOTICE: Jamf Holding Corp. Board Faces Investigation into $13.05 Take Private Deal, Investors Urged to Contact BFA LawNovember 24, 2025 6:08 AM EST | Source: Bleichmar Fonti & AuldNew York, New York--(Newsfile Corp. - November 24, 2025) - Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Jamf Holding Corp.'s (NASDAQ: JAMF) board of directors for potential breaches of their fiduciary duties to shareholders in connection with a potential take-private sal ...

Core Viewpoint - Bleichmar Fonti & Auld LLP is investigating Grindr Inc.'s board of directors and majority stockholders for potential breaches of fiduciary duties related to a proposed take-private transaction that may disadvantage minority shareholders [1][5]. Group 1: Investigation Details - The investigation focuses on majority stockholders James Fu Bin Lu and George Raymond Zage, III, who are proposing a transaction to take Grindr private, potentially cashing out minority shareholders while retaining their ownership [3][5]. - On October 24, 2025, Lu and Zage offered to purchase minority shareholders' shares for $18.00 per share [3]. - There is no indication that the final deal will require a majority-of-the-minority stockholder vote, raising concerns about the effectiveness of the special committee appointed by the company [4]. Group 2: Legal Options for Shareholders - Current shareholders of Grindr are encouraged to seek additional information and may have legal options available to them [2][6]. - BFA Law operates on a contingency fee basis, meaning shareholders will not incur court costs or litigation expenses [6].

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 transaction that would buy out shareholders at $13.05 per share, which may be considered an unfairly low price [2][4][6]. 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 during the acquisition process [2][6]. - Jamf's board did not form an independent special committee to assess the acquisition deal, raising concerns about conflicts of interest, particularly given Vista's significant influence over the board [4][5]. Group 2: Ownership and Influence - Vista Equity Partners owns 34.4% of Jamf's outstanding stock and has the right to appoint four out of nine board members, which may create a conflict of interest in the proposed transaction [5]. - The acquisition deal is contingent upon a shareholder vote, but Vista has not been excluded from participating in that vote, further complicating the situation [5].

Core Viewpoint - Bleichmar Fonti & Auld LLP is investigating Grindr Inc.'s board of directors and majority stockholders for potential breaches of fiduciary duties related to a proposed take-private transaction that may disadvantage minority shareholders [1][5]. Group 1: Investigation Details - The investigation focuses on majority stockholders James Fu Bin Lu and George Raymond Zage, III, who are proposing a transaction to take Grindr private, potentially cashing out minority shareholders while retaining their ownership [3][5]. - On October 24, 2025, Lu and Zage offered to purchase minority shareholders' shares for $18.00 per share [3]. - There is no indication that the final deal will require a majority-of-the-minority stockholder vote, raising concerns about the effectiveness of the special committee appointed by the company [4]. Group 2: Legal Options for Shareholders - Current shareholders of Grindr are encouraged to seek additional information and may have legal options available to them [2][6]. - BFA Law operates on a contingency fee basis, meaning shareholders will not incur costs unless the firm secures a favorable outcome [6].

Core Viewpoint - Shamis & Gentile, P.A. is investigating potential breaches of fiduciary duties by directors and officers of Vestis Corporation following significant stock price declines and allegations of misleading investors [1][4]. Group 1: Company Background - Vestis Corporation was spun off from Aramark's Uniform Services business on October 2, 2023, and began trading on the New York Stock Exchange [3]. - The company reported second-quarter results on May 2, 2024, that fell below market expectations, leading to a withdrawal of its full-year guidance and a weaker outlook [3]. Group 2: Stock Performance - Following the disappointing financial disclosures, Vestis' stock price declined by approximately 45% [3]. Group 3: Legal Actions - A securities class action was filed against Vestis, alleging that the company misled investors regarding its operational readiness and overstated growth prospects [4]. - The lawsuit claims that Vestis failed to disclose issues such as inherited underinvestment, internal-control weaknesses, and service challenges that negatively impacted performance [4]. Group 4: Investigation Details - Shamis & Gentile, P.A. is assessing whether Vestis' board of directors and officers maintained adequate oversight and internal controls related to the alleged misconduct [5]. - Potential governance failures may have exposed the company to significant harm, and long-term shareholders may seek corporate governance reforms and financial restitution [5].

Core Viewpoint - Bleichmar Fonti & Auld LLP is investigating Grindr Inc.'s board of directors and majority stockholders for potential breaches of fiduciary duties related to a proposed take-private transaction that may disadvantage minority shareholders [1][5]. Group 1: Investigation Details - The investigation focuses on majority stockholders James Fu Bin Lu and George Raymond Zage, III, who are proposing a transaction to take Grindr private, potentially cashing out minority shareholders while retaining their ownership [3][5]. - On October 24, 2025, Lu and Zage offered to purchase minority shareholders' shares for $18.00 each [3]. - There is no indication that the final deal will require a majority-of-the-minority stockholder vote, raising concerns about the effectiveness of the special committee appointed to oversee the transaction [4]. Group 2: Legal Options for Shareholders - Current shareholders of Grindr are encouraged to seek additional information and may have legal options available to them [2][6]. - BFA Law operates on a contingency fee basis, meaning shareholders will not incur costs unless the firm secures a favorable outcome [6].

Core Viewpoint - Bleichmar Fonti & Auld LLP is investigating Grindr Inc.'s board of directors and majority stockholders for potential breaches of fiduciary duties related to a proposed take-private transaction that may disadvantage minority shareholders [1][5]. Group 1: Investigation Details - The investigation focuses on majority stockholders James Fu Bin Lu and George Raymond Zage, III, who are proposing a transaction to take Grindr private, potentially cashing out minority shareholders while retaining their ownership [3][5]. - On October 24, 2025, Lu and Zage offered to purchase minority shareholders' shares for $18.00 per share [3]. - There is no indication that the final deal will require a majority-of-the-minority stockholder vote, raising concerns about the effectiveness of the special committee appointed to oversee the transaction [4]. Group 2: Legal Options for Shareholders - Current shareholders of Grindr are encouraged to seek additional information and may have legal options available to them [2][6]. - BFA Law operates on a contingency fee basis, meaning shareholders will not incur costs unless the firm secures a favorable outcome [6]. Group 3: Firm Background - Bleichmar Fonti & Auld LLP is recognized as a leading international law firm specializing in securities class actions and shareholder litigation, with a strong track record of recovering significant amounts for clients [8].

Core Viewpoint - Jamf Holding Corp. is under investigation for potential breaches of fiduciary duties by its board of directors in relation to a proposed acquisition by Francisco Partners Management, L.P. 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 initiated by Bleichmar Fonti & Auld LLP to determine if Jamf's board and Vista Equity Partners have acted in the best interests of shareholders regarding the acquisition [5]. - Jamf's board did not form an independent special committee to assess the acquisition, raising concerns about conflicts of interest, particularly given Vista's significant ownership stake of 34.4% and its rights to appoint four out of nine board members [4][3]. Group 2: Acquisition Context - The acquisition agreement was announced on October 29, 2025, with the proposed price of $13.05 per share potentially undervaluing the company and its shareholders [3]. - The deal is subject to a stockholder vote, but Vista has not been excluded from participating in that vote, which could further complicate the situation [4].

Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the merger between Ryerson Holding Corporation and Olympic Steel, Inc. for Ryerson shareholders, as they will own approximately 63% of the combined entity upon completion of the transaction [1]. Group 1: Investigation Details - The investigation focuses on whether Ryerson and its board violated federal securities laws or breached fiduciary duties by not obtaining the best possible consideration for shareholders and failing to disclose all material information necessary for assessing the merger [3]. - Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other relief related to the proposed transaction [4]. Group 2: Legal Rights and Contact Information - Ryerson shareholders are encouraged to contact Halper Sadeh LLC to learn about their legal rights and options regarding the merger [2]. - The firm operates on a contingent fee basis, meaning shareholders would not incur out-of-pocket legal fees or expenses [4].

Core Viewpoint - Johnson Fistel, PLLP is investigating potential breaches of fiduciary duties by certain directors and officers of Driven Brands Holdings Inc. (NASDAQ: DRVN) towards the company and its shareholders [1][4]. Group 1: Investigation Details - The investigation aims to determine if senior officers or board members harmed Driven Brands by breaching fiduciary duties or violating securities laws related to misrepresentations and omissions [4]. - The court has previously denied the defendants' motion to dismiss a shareholder class action lawsuit, which alleges misrepresentations regarding Driven's ability to integrate acquired businesses and the performance of its car wash segment [3]. Group 2: Shareholder Rights - Current long-term shareholders of Driven Brands may have legal claims that can be brought against the company's directors and officers [2]. - Shareholders can join the investigation through a provided link to discuss their legal rights [3].