Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of VeriFone Systems Inc (NYSE: PAY) acted responsibly on behalf of investors’ profitability in the planned sale to Francisco Partners.

On April 9, 2018, VeriFone Systems Inc (NYSE: PAY) and Francisco Partners announced that they had entered into a merger agreement. Under the terms of the merger agreement, Francisco will offer VeriFone shareholders $23.04 per share in cash for all outstanding shares.   

Based in San Jose, California, VeriFone Systems Inc provides payments and commerce solutions at the point of sale worldwide.

The investigation is looking to uncover whether VeriFone Systems Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $26.00 per share.

If you purchased VeriFone Systems Inc (NYSE: PAY) prior to April 9, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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