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WAGEWORKS, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout

Thursday, 27 June 2019 11:10 AM

WILMINGTON, DE / ACCESSWIRE / June 27, 2019 / Rigrodsky & Long, P.A.:

  • Do you own shares of WageWorks, Inc. (NYSE: WAGE)?
  • Did you purchase any of your shares prior to June 27, 2019?
  • Do you think the proposed buyout is fair?
  • Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of WageWorks, Inc. ("WageWorks" or the "Company") (NYSE: WAGE ) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by HealthEquity, Inc. ("HealthEquity") (HQY) in a deal valued at approximately $2 billion. Under the terms of the agreement, shareholders of WageWorks will receive $51.35 in cash for each share of WageWorks common stock they own.

If you own common stock of WageWorks and purchased any shares before June 27, 2019, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242, by e-mail at [email protected], or at https://www.rigrodskylong.com/offices-contact.

Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.

Attorney advertising. Prior results do not guarantee a similar outcome.

SOURCE: Rigrodsky & Long P.A.

Topic:
Mergers and Acquisitions
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