Estée Lauder
No proof required
Up to $5,000
Claims opening soon
P
PowerSchool
Investors who held PowerSchool stock at the Oct. 1, 2024, closing of its Bain Capital sale may be eligible for a cash payment from a class action settlement.
Opening soonUnited States-wideClaim deadline: Pending court decisionEstimated payout: Estimated $0.44 per share before deductionsClaims not open yet
About this settlement
Alleged breach of fiduciary duties by controlling stockholders during the sale of PowerSchool to Bain Capital.
PowerSchool agreed to pay $26.5 million to settle a stockholder class action lawsuit alleging Vista Equity Partners Management LLC and Onex Corp. breached their fiduciary duties as controlling stockholders by selling the company to Bain Capital at an unfair price. The lawsuit claimed the process was structured to favor Bain and was never conditioned on minority stockholder approval. The settlement class includes all record holders and beneficial owners of PowerSchool common stock who held shares at the closing of the acquisition by Bain Capital on Oct. 1, 2024, and received $22.80 per share in cash. No claim form is needed to receive payment.
Who qualifies
- All record holders and beneficial owners of PowerSchool common stock who held shares at the closing of the acquisition by Bain Capital on Oct. 1, 2024, and received $22.80 per...
- This is a non-opt-out class, meaning class members cannot exclude themselves from the settlement.
Estimated $0.44 per share before deductions
Claim deadline: Pending court decision
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