LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Instructure Holdings, Inc. (“Instructure” or “the Company”) (NYSE: INST) for potential breaches of fiduciary duty on the part of its directors and management.
The investigation focuses on determining if the Instructure board breached its fiduciary duties to shareholders. The Company announced on July 25, 2024, that “it has entered into a definitive agreement to be acquired by investment funds managed by KKR, a leading global investment firm, for $23.60 per share in an all-cash transaction valued at an enterprise value of approximately $4.8 billion.”
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The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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