Law firm Johnson Fistel investigates Sterling Check's board for potential fiduciary duty breaches.

Law firm Johnson Fistel is investigating Sterling Check's board members over potential breaches of fiduciary duties in connection with the proposed sale of the company to First Advantage for $2.2bn. First Advantage, a leader in employment background screening, reported a 5.7% decline in 2023 revenue to $763.8m, and announced it would acquire Sterling Check in a cash-and-stock transaction, expecting $50m in run-rate synergies. The combined entity will have greater revenue diversification and improved operational efficiency.

February 29, 2024
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