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ELEVATE CREDIT INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Elevate Credit, Inc. - ELVT

Provided By PR Newswire

Last update: Jan 12, 2023

NEW ORLEANS, Jan. 11, 2023 /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 Elevate Credit, Inc. (NYSE: ELVT) to an affiliate of Park Cities Asset Management LLC.  Under the terms of the proposed transaction, shareholders of Elevate will receive $1.87 in cash for each share of Elevate 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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