Priority Technology Holdings Inc (PRTH) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Jeffrey Edelman filed a lawsuit against Priority Technology Holdings and its board members, alleging breach of fiduciary duties in a transaction that unjustly benefited certain insiders. The company decided to reverse the transaction and settled the case by agreeing to pay $400,000 in legal fees, leading to the dismissal of the case as moot without the court judging the merits or reasonableness of the fees.
For further insights into PRTH stock, check out TipRanks’ Stock Analysis page.