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Kaskela Law LLC Announces Shareholder Investigation into Acquisition of Medallia, Inc. - MDLA

Newsfile Corp.
·1 min read

Philadelphia, Pennsylvania--(Newsfile Corp. - September 25, 2021) - Kaskela Law LLC announces that it is investigating Medallia, Inc. ("Medallia") (NYSE: MDLA) on behalf of the company's shareholders.

On July 26, 2021, Medallia announced that it had entered into an agreement to be acquired by private equity firm Thoma Bravo at a price of $34.00 per share in cash. Prior to that announcement, shares of Medallia had traded over $45.00 per share as recently as February 2021.

The investigation seeks to determine whether Medallia shareholders are expected to receive adequate consideration for their shares, and if Medallia's officers and/or directors violated the securities laws or breached their fiduciary duties in connection with the sale of Medallia to Thoma Bravo.

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Medallia shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (888) 715 - 1740, or by email at skaskela@kaskelalaw.com, to discuss this investigation and their legal rights and options. Additional information may also be found at https://kaskelalaw.com/cases/medallia-inc/.

Kaskela Law LLC represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com. This notice may constitute attorney advertising in certain jurisdictions.

CONTACT:
D. Seamus Kaskela, Esq.

KASKELA LAW LLC
18 Campus Boulevard, Suite 100
Newtown Square, PA 19073
(484) 258 - 1585
(888) 715 - 1740
www.kaskelalaw.com
skaskela@kaskelalaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/97650