SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Santander Consumer USA Holdings Inc. (NYSE – SC)

BALA CYNWYD – August 24, 2021 /Access Wire/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Santander Consumer USA Holdings Inc. (“Santander Consumer USA” or the “Company”) (NYSE – SC) for possible breaches of fiduciary duty and other violations of federal and state law in connection with a merger agreement pursuant to which Santander Consumer USA will be acquired by its majority shareholder Santander Holdings USA, Inc. (“SHUSA”) in an all-cash transaction where Santander Consumer USA shareholders will receive only $41.50 for each share of Santander Consumer USA they own in a deal valued at approximately $12.7 billion.

The investigation concerns whether the Santander Consumer USA Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether SHUSA is paying a fair price for the Company. For example, the deal consideration is below the 52-week high of $42.39 for the Company’s shares.

If you own shares of Santander Consumer USA stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, or call toll free 855-576-4847.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.