Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Higher One Holdings Inc (NYSE: ONE) acted responsibly on behalf of investors’ profitability in the planned $260 million sale to an affiliate of Blackboard Inc.

On June 30, 2016, Higher One Holdings Inc (NYSE: ONE) and Blackboard Inc announced that they had entered into a merger agreement. Under the terms of the merger agreement, Blackboard will offer Higher One shareholders $5.15 per share in cash for all outstanding shares.    

Based in New Haven, Connecticut, and founded in 2000 Higher One Holdings provides technology-based payment processing and refund disbursement services to higher education institutions and their students in the United States.

The investigation focuses on whether NYSE: ONE investors received the highest price and whether the directors of Higher One Holdings Inc acted in the best interest of Higher One Holdings company and its shareholders. 

If you purchased Higher One Holdings Inc (NYSE: ONE) prior to June 30, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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