NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether certain directors and officers of FinServ Acquisition Corp. (“FinServ”) (NASDAQ: FSRV); n/k/a Katapult Holdings, Inc. (“Katapult”) (NASDAQ: KPLT) breached their fiduciary duties to FinServ’s shareholders. If you were a FinServ shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982, or jpettigrew@scott-scott.com.
Scott+Scott is investigating whether FinServ’s board of directors or executive officers breached their duties of disclosure, duties of candor, and requirements to act in good faith, and whether FinServ’s shareholders suffered damages as a result.
On June 7, 2021, FinServ shareholders of record as of May 11, 2021, approved a merger between FinServ and Katapult.
On August 10, 2021, Katapult announced quarterly financial results, which included disappointing revenue and earnings numbers. Katapult also pulled all future guidance. The stock has continued to decline.
Overall, the stock price has declined by over 90% since the merger, with shares currently trading at $0.96 per share.
What You Can Do
If you were a FinServ shareholder, you may have legal claims against FinServ’s directors and officers. If you wish to discuss this investigation, or have questions about this notice or your legal rights, please contact attorney Joe Pettigrew toll-free at 844-818-6982, or jpettigrew@scott-scott.com.
About Scott+Scott
Scott+Scott has significant experience in prosecuting major securities, antitrust, and consumer rights actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, and Ohio.
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