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Priority Technology Holdings: Kehoe Law Firm Investigating Proposed All-Cash Acquisition - PRTH
Newsfileยท 2025-11-13 17:37
Core Viewpoint - Kehoe Law Firm, P.C. is investigating potential breaches of fiduciary duties by certain board members and executive officers of Priority Technology Holdings, Inc. in relation to a proposal to take the company private at a price below market value [1][2]. Group 1: Investigation Details - The investigation centers on a proposal by CEO Thomas Priore to acquire publicly held shares of Priority Technology for $6.00-$6.15 per share [2]. - This proposed price is significantly lower than the company's 52-week average price of $8.19 and high price of $12.47, as well as below the average and high Street price targets of $10.80 and $13.00, respectively [3]. Group 2: Company Background - Priority Technology Holdings, Inc. is publicly traded on NASDAQ under the ticker PRTH [2]. - Kehoe Law Firm, P.C. is a recognized plaintiff-side class action firm that focuses on protecting investors and consumers from fraud and misconduct, having recovered over $10 billion for investors [3][4].