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Legal Action Announced for Shareholders in Recent Mergers

In a noteworthy development within the realm of corporate mergers and acquisitions, Monteverde & Associates PC, led by attorney Juan Monteverde, has launched an investigation into several significant transactions affecting shareholders. As a law firm recognized for recovering millions for its clients, Monteverde is focusing on four notable mergers involving International Money Express, Inc. (NASDAQ: IMXI), PROS Holdings, Inc. (NYSE: PRO), Electronic Systems Technology, Inc. (OTCMKTS: ELST), and TrueCar, Inc. (NASDAQ: TRUE).

Background of the Cases

On October 23, 2025, Monteverde & Associates, headquartered at the Empire State Building in New York City, announced its intention to investigate International Money Express’s acquisition by The Western Union Company. Shareholders of International Money Express are set to receive $16.00 per share in cash. This proposal raises concerns about the fairness of the offer as it is essential for shareholders that they receive a fair valuation of their investments.

The second case under scrutiny involves PROS Holdings, where shareholders are set to receive $23.25 per share in cash as part of its sale to Thoma Bravo. Similar to the International Money Express case, the legal firm emphasizes the importance of ensuring that shareholders receive adequate compensation aligned with their investment value.

Furthermore, Electronic Systems Technology’s merger with Lifeloc Technologies means that each outstanding share will be exchanged based on a specified exchange ratio. The details surrounding this exchange are critical, and shareholders are urged to understand their rights and options amidst these corporate moves.

The final transaction being investigated is TrueCar’s sale to Fair Holdings, Inc. Shareholders of TrueCar stand to receive $2.55 per share upon completion of the deal. Again, this situation calls for careful scrutiny to determine whether shareholders are being treated fairly in this acquisition.

The Role of Monteverde & Associates PC

Monteverde & Associates PC has distinguished itself as a leading class action firm that prioritizes shareholder rights and equity. Known for its robust track record, the firm has been recognized as a top player in the field, having appeared in the 2024 ISS Securities Class Action Services Report, affirming its commitment to securing favorable outcomes for its clients.

The firm encourages shareholders experiencing concerns about these mergers to obtain further information. Monteverde promises no fees or obligations for those wishing to understand their rights under these transactions. By doing so, it sets a precedent that affirms the rights of investors.

Next Steps for Shareholders

Shareholders who are part of these companies should consider reaching out to Monteverde & Associates PC to explore their options. It is crucial to act swiftly, especially in mergers and acquisitions, where timing can significantly impact shareholder outcomes. Inquiries can be made via email or phone, where legal representatives can outline potential actions for concerned investors.

As mergers and acquisitions can dramatically affect stock values, the detailed examination by Monteverde & Associates serves as a reminder of the importance of legal oversight in corporate transactions. This proactive approach by the law firm highlights its mission to protect shareholders and ensure fair practices within the corporate landscape.

In conclusion, the legal inquiry by Monteverde & Associates PC into these significant mergers not only aims to safeguard shareholder interests but also underscores the essential nature of thorough legal representation in the complex world of corporate mergers. Shareholders are encouraged to engage with legal counsel to ensure their rights are protected throughout these transitions.