SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of Monotype Imaging Holdings Inc. to HGGC is Fair to Shareholders

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Jul 26, 2019
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NEW YORK, July 26, 2019 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased Monotype Imaging Holdings Inc. (Monotype” or the “Company”) (NASDAQGS: TYPE) stock prior to July 26, 2019.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Monotype to HGGC. Under the terms of the deal, HGGC, a middle market private equity firm, will acquire all outstanding shares of Monotype common stock for $19.85 per share in cash. To learn more about the action and your rights, go to:

https://www.zlk.com/mna/monotype-imaging-holdings-inc

or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500. There is no cost or obligation to you.

The Monotype merger investigation concerns whether the Board of Monotype breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether HGGC is underpaying for Monotype shares, thus unlawfully harming Monotype shareholders.

Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

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