RCM SHAREHOLDER ALERT: BFA Law Announces an Investigation into R1 RCM Inc. (NASDAQ:RCM) and the $13.25 Per Share Offer; Shareholders are Notified to Contact the Firm


NEW YORK, July 06, 2024 (GLOBE NEWSWIRE) -- Top law firm Bleichmar Fonti & Auld LLP is investigating the R1 RCM Inc. (NASDAQ:RCM) acquisition by New Mountain Capital for $13.25 per share.

If you invested in R1 RCM, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/r1-rcm-inc.

Why is R1 RCM being Investigated by BFA Law?

R1 RCM is controlled by funds affiliated with New Mountain Capital and TowerBrook through their collective ownership of Company stock representing 68% of the total voting power. On July 2, 2024, New Mountain Capital’s investment funds presented an acquisition proposal to the special committee of the board of directors of R1 RCM. The non-binding proposal seeks to acquire all the shares New Mountain Capital does not own for $13.25 per share, while inviting TowerBrook to rollover all or a portion of its stock into the post-close company. Should the special committee accept the proposal, minority shareholders will be cashed out and deprived of any future upside in the private company.

BFA is concerned that New Mountain Capital and TowerBrook, as well as members of R1 RCM’s board of directors, may breach their fiduciary duties should they approve an unfair merger transaction for the benefit of New Mountain Capital and TowerBrook.

Shareholders are encouraged to submit your information to find out about your rights.

Submit your information here: https://www.bfalaw.com/cases-investigations/r1-rcm-inc.

Next Steps:

If you currently own shares of R1 RCM, you may have legal options and are encouraged to contact the firm.

All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

To speak with an attorney for more information visit:

https://www.bfalaw.com/cases-investigations/r1-rcm-inc

Or contact:
Ross Shikowitz
ross@bfalaw.com
212-789-2303

Why Bleichmar Fonti & Auld LLP?

Bleichmar Fonti & Auld LLP is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It was named among the Top 5 plaintiff law firms by ISS SCAS in 2023 and its attorneys have been named Titans of the Plaintiffs’ Bar by Law360 and SuperLawyers by Thompson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors (pending court approval), as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases-investigations/r1-rcm-inc

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