VERIFONE SYSTEMS INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Verifone Systems, Inc.

PRNewswire 17-Apr-2018 4:23 PM

VERIFONE SYSTEMS INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Verifone Systems, Inc.

PR Newswire

NEW ORLEANS, April 17, 2018 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Verifone Systems, Inc. ("Verifone" or the "Company") (NYSE:PAY) to an investor group led by Francisco Partners and including British Columbia Investment Management Corporation.  Under the terms of the proposed transaction, shareholders of Verifone will receive only $23.04 in cash for each share of Verifone that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

Image for Press Release 610825www.ksfcounsel.com to learn more about KSF. (PRNewsfoto/Kahn Swick & Foti, LLC)" alt="Kahn Swick & Foti, LLC ("KSF") - - not all law firms are created equal. Visit www.ksfcounsel.com to learn more about KSF. (PRNewsfoto/Kahn Swick & Foti, LLC)">

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit  https://www.ksfcounsel.com/cases/nyse-pay/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

Kahn Swick & Foti, LLC
206 Covington St.
Madisonville, LA 70447

 

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SOURCE Kahn Swick & Foti, LLC

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