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Wednesday, April 23, 2025

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Shareholder Class Action

In a <strong><a href="http://www.courthousenews.com/wp-content/uploads/2018/08/SCA.Syntel.pdf">federal class action</a></strong>, shareholders say directors of Syntel are selling the tech-service company too cheaply through an unfair process to Atos S.E. and Green Merger for $41 a share, or $3.6 billion -- a deal from which the defendant husband and wife founders will realize personal profits of $2.1 billion.

DETROIT — In a federal class action , shareholders say directors of Syntel are selling the tech-service company too cheaply through an unfair process to Atos S.E. and Green Merger for $41 a share, or $3.6 billion — a deal from which the defendant husband and wife founders will realize personal profits of $2.1 billion.

Categories / Securities, Technology

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