NEW YORK, May 20, 2024 /PRNewswire/ -- Julie & Holleman LLP, a law firm dedicated to representing shareholders, is investigating potential breaches of fiduciary duty related to the proposed acquisition of HireRight Holdings Corporation (NYSE: HRT) by its controlling shareholders, private equity firms General Atlantic and Stone Point Capital.

Julie & Holleman LLP is a boutique law firm that focuses on shareholder litigation, including derivative actions, mergers and acquisitions cases, securities fraud class actions, and corporate investigations. (PRNewsfoto/Julie & Holleman LLP)

For a free, no-risk consultation, please visit https://julieholleman.com/hireright-holdings-corp-2/, or contact firm partner Scott Holleman at scott@julieholleman.com.

HireRight is a leading global provider of technology-driven workforce risk management and compliance solutions. According to recent SEC filings, General Atlantic and Stone Point own approximately three-fourths of the company's shares, which gives it the ability to control.

On February 16, 2024, General Atlantic and Stone Point reached a deal to acquire the shares of HireRight they don't already own for $14.35 per share. The deal is expected to close soon. Julie & Holleman is concerned about potential breaches of fiduciary duty owed to shareholders by General Atlantic and Stone Point, as well as members of the company's board of directors.

If you are interested in learning about your legal rights, please contact the firm by visiting here or contacting partner W. Scott Holleman, Esq. by email at scott@julieholleman.com or by telephone at (929) 415-1020.

Julie & Holleman is a boutique law firm that works exclusively on shareholder matters, including securities fraud, mergers and acquisitions, breaches of fiduciary duty, and other corporate misconduct. The firm's attorneys litigate in state and federal courts across the nation and have helped secure hundreds of millions of dollars for aggrieved companies and their shareholders. For more information about the firm and its attorneys, please visit https://www.julieholleman.com/. Attorney advertising. Prior results do not guarantee a similar outcome.

CONTACT INFORMATION

Julie & Holleman LLP
W. Scott Holleman, Esq.
157 East 86th Street
4th Floor
New York, NY 10028
(929) 415-1020
www.julieholleman.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/hrt-alert-hireright-shareholders-unhappy-with-the-14-35-buyout-price-should-contact-julie--holleman-llp-for-information-regarding-potential-legal-claims-302149904.html

SOURCE Julie & Holleman LLP