Bala Cynwyd, Pennsylvania--(Newsfile Corp. - February 24, 2026) - Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Enhabit, Inc. ("Enhabit" or the "Company") (NYSE: EHAB) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to Kinderhook Industries, LLC ("Kinderhook") for $13.80 a share in an all-cash transaction for a total enterprise value of approximately $1.1 bi ...

Core Viewpoint - An investigation is being conducted into Stride, Inc.'s Board of Directors for potential breaches of fiduciary duties, particularly regarding oversight and governance related to the company's public statements on operations and financial performance [1]. Company Overview - Stride, Inc., headquartered in Reston, Virginia, is an education technology company that provides online learning programs, curricula, and support services to schools and districts across the United States [2]. Legal Context - Berger Montague PC, a prominent law firm specializing in complex civil litigation, is advising shareholders of Stride regarding the investigation into the Board's actions [1][3]. - The firm has a significant track record, having recovered over $50 billion for clients and represented in various legal areas including antitrust and securities [3].

Core Viewpoint - Ademi LLP is investigating RAPT for potential breaches of fiduciary duty and other legal violations related to its transaction with GSK plc [1] Group 1: Transaction Details - RAPT stockholders can choose to receive $58.00 per share, leading to an estimated total equity value of $2.2 billion [2] - RAPT insiders are set to gain significant benefits from change of control arrangements as part of the transaction [2] Group 2: Investigation Focus - The transaction agreement restricts competing offers for RAPT by imposing a substantial penalty if a competing bid is accepted [3] - The investigation will assess whether the RAPT board of directors is meeting their fiduciary responsibilities to all shareholders [3]

Group 1 - The core issue involves an investigation into Flushing (NASDAQ: FFIC) for potential breaches of fiduciary duty related to its transaction with OceanFirst [1] - Flushing stockholders will receive 0.85 shares of OceanFirst common stock for each share of Flushing, valuing the transaction at $579 million based on OceanFirst's closing stock price of $19.76 on December 26, 2025 [2] - The transaction agreement restricts competing offers for Flushing by imposing a significant penalty for accepting a competing bid, raising concerns about the Flushing board's fulfillment of fiduciary duties to shareholders [3]

Core Viewpoint - An investigation is underway regarding Uber's Board of Directors for potential breaches of fiduciary duties related to oversight of rider safety and driver's background checks [1] Group 1: Investigation Details - The investigation is being conducted by Berger Montague PC, a national plaintiffs' law firm [1] - Shareholders are encouraged to contact Berger Montague for more information regarding the investigation [2] Group 2: Company Overview - Uber Technologies, Inc. is a multinational transportation company based in San Francisco, offering ride-hailing, courier services, food delivery, and freight transportation through its digital platform [2] - Berger Montague has a strong track record in complex civil litigation, having recovered over $50 billion for clients over 55 years [2]

Core Viewpoint - Clearwater Analytics is under investigation for potential breaches of fiduciary duty related to its transaction with a Permira and Warburg Pincus-led Investor Group, which may not be in the best interest of all shareholders [1][3]. Transaction Details - Clearwater Analytics shareholders are set to receive $24.55 per share in a deal valued at approximately $8.4 billion [2]. - The transaction includes significant benefits for Clearwater Analytics insiders as part of change of control arrangements [2]. Board Conduct - The transaction agreement imposes a substantial penalty on Clearwater Analytics if it accepts a competing bid, which may limit competing offers unreasonably [3]. - There is an ongoing investigation into whether the board of directors of Clearwater Analytics is fulfilling their fiduciary duties to all shareholders [3].

Core Viewpoint - LINKBANCORP is under investigation for potential breaches of fiduciary duty related to its transaction with Burke & Herbert, which may not be in the best interest of its shareholders [1][3]. Transaction Details - LINKBANCORP shareholders will receive 0.1350 shares of Burke & Herbert common stock for each LINKBANCORP share owned, equating to approximately $9.38 per share [2]. - Post-transaction, Burke & Herbert shareholders will own about 75% of the combined company, while LINKBANCORP shareholders will hold 25% [2]. Board Conduct - The transaction agreement imposes significant penalties on LINKBANCORP for accepting competing bids, raising concerns about the board's fulfillment of fiduciary duties to all shareholders [3].

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].

Core Viewpoint - The Ademi Firm is investigating Eventbrite for potential breaches of fiduciary duty and other legal violations related to its transaction with Bending Spoons, which involves a cash payment of $4.50 per share, valuing the deal at approximately $500 million [1][2]. Group 1: Transaction Details - Eventbrite shareholders will receive $4.50 per share in an all-cash transaction valued at approximately $500 million [2]. - The transaction agreement imposes significant penalties on Eventbrite if it accepts competing bids, which raises concerns about the board's fiduciary duties to shareholders [3]. Group 2: Investigation Focus - The Ademi Firm is specifically investigating the conduct of Eventbrite's board of directors to determine if they are fulfilling their fiduciary responsibilities to all shareholders [3].

Merger Investigations - Axalta Coating Systems Ltd. is set to be acquired by Akzo Nobel N.V., with shareholders receiving 0.6539 shares of AkzoNobel for each share of Axalta owned. The investigation focuses on whether the Axalta Board breached its fiduciary duties by not conducting a fair process and whether the deal provides fair value to shareholders [2] - Green Dot Corporation will be acquired by Smith Ventures and CommerceOne Financial Corporation for $8.11 in cash and 0.2215 shares of the new bank holding company. The investigation examines if the Green Dot Board failed in its fiduciary duties regarding the fairness of the deal [4] - Blue Foundry Bancorp is being acquired by Fulton Financial Corporation, with each share of Blue Foundry exchanged for 0.6500 shares of Fulton. The transaction is valued at approximately $243 million, or $11.67 per share, and the investigation looks into the Blue Foundry Board's fiduciary duties and the fairness of the deal [6] - Golden Entertainment, Inc. will be acquired in a sale-leaseback transaction, with stockholders receiving a total of $30.00, including a fixed exchange ratio of 0.902 shares of VICI common stock and a cash distribution of $2.75. The investigation concerns whether the Golden Entertainment Board breached its fiduciary duties in the deal process [8]