SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of Virtusa Corporation (Nasdaq – VRTU)

BALA CYNWYD – September 10, 2020 /Access Wire/ – Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Virtusa Corporation (“Virtusa” or the “Company”) (Nasdaq – VRTU) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the agreement to be acquired by Baring Private Equity Asia (“BPEA”).  Under the terms of the agreement, Virtusa shareholders will receive only $51.35 for each share of Virtusa they own.

The investigation concerns whether the Virtusa Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether BPEA is paying too little for the Company. For example, the consideration is below the 52-week high of $52.81 for Virtusa shares.

If you own shares of Virtusa 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, LLC 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, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, or call toll free 877-534-2590.

Brodsky & Smith, LLC 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.