News for Agent

Daily business news: funding, M&A, launches

Legal & Disputes

Levi & Korsinsky Investigates Fairness of Priority Technology's $8.05-a-Share Buyout by CEO

By ·

Key takeaways

  • Levi & Korsinsky has opened an investigation into the fairness of Priority Technology Holdings' acquisition by largest stockholder, Chairman and CEO Thomas C. Priore.
  • Priority Technology stockholders are expected to receive $8.05 per share in cash under the merger.
  • The investigation examines whether the board failed to maximize the merger price and whether all material facts were properly disclosed to stockholders.

Levi & Korsinsky, LLP has begun an investigation into the fairness of Priority Technology Holdings' acquisition by its largest stockholder, Chairman and CEO Thomas C. Priore, under which stockholders are expected to receive $8.05 per share in cash. The firm announced the inquiry in a PR Newswire statement on October 30, 2026.

What the Priority Technology Inquiry Covers

The notice is addressed to anyone who bought Priority Technology stock before September 18, 2026. Levi & Korsinsky said the investigation concerns whether the company's board of directors harmed stockholders by failing to maximize the merger price. It also examines whether all material facts were properly disclosed to stockholders.

Priority Technology Holdings trades on Nasdaq under the ticker PRTH. The merger would pay holders $8.05 in cash for each share of common stock. Joseph E. Levi, Esq., is the contact named in the notice, which states there is no cost or obligation to stockholders who come forward.

Levi & Korsinsky is a U.S. plaintiffs' securities litigation law firm that represents institutional and individual investors in securities class actions, derivative suits and M&A litigation on a contingency-fee basis. It was founded in 2003 and is headquartered in New York.

Levi & Korsinsky's Case and Settlement Record

According to akta.pro company records, Levi & Korsinsky reports more than $486.7 million in total settlement funds currently available across active cases and settlements. The same records state the firm has recovered billions for defrauded investors since its founding in 2003. Its attorneys are admitted in more than 40 state, federal and appeal courts, and the firm runs five offices, in New York, San Francisco, Los Angeles, Stamford and Washington DC.

Earlier Levi & Korsinsky Alerts This Fall

Levi & Korsinsky issued a similar notice on October 9, 2026, concerning the fairness of the same Priority Technology acquisition by Priore, PR Newswire reported. On October 21, 2026, the firm announced an investigation of RingCentral, Inc. concerning possible breaches of fiduciary duties by certain officers and directors, according to PR Newswire. That same day it announced an investigation of STAAR Surgical Company on the same fiduciary-duty question, PR Newswire reported.

Priority Technology's September 18 Cutoff

The notice sets September 18, 2026, as the purchase cutoff for stockholders covered by the inquiry. Priority Technology stockholders are expected to receive $8.05 per share in cash under the merger.

Companies in this story

Sources

Machine-readable: Markdown · JSON