Holzer Holzer & Fistel, LLC Announces Investigation into the Proposed Acquisition of Plato Learning, Inc.

Holzer Holzer & Fistel, LLC is investigating whether the directors of PLATO Learning, Inc. (“PLATO” or the “Company”) (Nasdaq: TUTR) complied with their fiduciary duties in approving the proposed acquisition of the Company by an affiliate of Thoma Bravo, LLC. If the transaction is approved, under the terms of the agreement, PLATO shareholders will receive $5.60 in cash for each share of PLATO common stock they hold. The investigation seeks to determine, among other things, whether the consideration to be paid to PLATO shareholders is fair and adequate.

Current holders of PLATO common stock with questions concerning their legal rights are encouraged to contact Holzer Holzer & Fistel, LLC and its attorneys Michael I. Fistel, Jr., Esq. or Marshall P. Dees, Esq. via email at mfistel@holzerlaw.com or mdees@holzerlaw.com, or via toll-free telephone at (888) 508-6832.

Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer Holzer & Fistel, LLC has paid for the dissemination of this promotional communication, and Michael I. Fistel, Jr. is the attorney responsible for its content.

Plato Learning (MM) (NASDAQ:TUTR)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024