CASTLIGHT INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Castlight Health, Inc. - CSLT
Provided By PR Newswire
Last update: Jan 8, 2022
NEW ORLEANS, Jan. 7, 2022 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Castlight Health, Inc. (NYSE: CSLT) to Vera Whole Health, Inc. Under the terms of the proposed transaction, shareholders of Castlight will receive only $2.05 in cash for each share of Castlight that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
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