Quipt Investigation Underway for Possible Fiduciary Duty Breaches.

The Ademi Firm is investigating Quipt (Nasdaq: QIPT) for possible breaches of fiduciary duty and other violations of law in its recent transaction with Kingswood and Forager. Quipt shareholders will receive $3.65 per share, valuing Quipt at approximately $260 million. Quipt insiders will receive substantial benefits, and the transaction agreement unreasonably limits competing transactions for Quipt. The Ademi Firm is investigating the conduct of the Quipt board of directors and whether they are fulfilling their fiduciary duties to all shareholders.