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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of JetPay Corporation (NASDAQCM: JTPY) to NCR Corporation (NYSE: NCR). Under the terms of the transaction, JetPay shareholders will receive $5.05 per share.
The JetPay merger investigation concerns whether the Board of JetPay breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether NCR Corporation is underpaying for JetPay shares, thus unlawfully harming JetPay shareholders.
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