Class Action Lawsuit Announced Against Agiliti Inc., With Proposed $32M Settlement
A class action lawsuit has been filed against Agiliti, Inc. (NYSE: AGI) in the Court of Chancery of Delaware by stockholders related to a merger with Thomas H. Lee Partners that closed on May 7, 2024. The proposed settlement is valued at $32 million and involves multiple parties including THL, Agiliti executives, and members of its special committee. The lawsuit seeks resolution for all record holders and beneficial owners who received or were entitled to receive $10 per share in the merger transaction. A hearing on September 17, 2026 will determine whether the settlement is fair and should be approved by the court. The outcome could affect shareholder rights and potentially lead to a distribution from the net settlement fund. The proposed resolution includes provisions for attorney fees and potential incentive awards to plaintiffs. Class members are advised to review details on the official settlement website, as their participation may impact future financial entitlements.
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Topics: lawsuit merger litigation settlement