September 10, 2020

SHAREHOLDER ALERT: WeissLaw LLP Investigates Virtusa Corporation

NEW YORK, Sept. 10, 2020 /PRNewswire/ — WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law…

NEW YORK, Sept. 10, 2020 /PRNewswire/ — WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Virtusa Corporation (“VRTU” or the “Company”) (NASDAQ: VRTU) in connection with the proposed acquisition of the Company by Baring Private Equity Asia (“BPEA”).  Under the terms of the acquisition agreement, the Company’s shareholders will receive $51.35 in cash for each share of VRTU common stock that they own.  

If you own VRTU shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:

http://www.weisslawllp.com/virtusa-corporation/

Or please contact:

Joshua Rubin, Esq.

WeissLaw LLP

1500 Broadway, 16th Floor

New York, NY  10036

(212) 682-3025

(888) 593-4771

stockinfo@weisslawllp.com

WeissLaw is investigating whether VRTU’s board was truly independent and fully informed as to the valuation of the proposed acquisition of the Company, whether the board acted to maximize shareholder value prior to entering into the acquisition agreement, and whether all information regarding the valuation of the deal will be fully and fairly disclosed to VRTU shareholders. 

WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties.  We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases.  If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com  

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SOURCE WeissLaw LLP