BFA Law Announces Investigation into

NEW YORK, July 08, 2024 (GLOBE NEWSWIRE) — Leading law firm Bleichmar Fonti & Auld LLP is investigating New Mountain Capital’s acquisition of R1 RCM Inc. (NYSE: RCM) for $13.25 per share.

If you have invested in R1 RCM, we encourage you to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/r1-rcm-inc.

Why is R1 RCM being investigated by BFA Law?

R1 RCM is controlled by funds affiliated with New Mountain Capital and TowerBrook through their collective ownership of shares of the Company representing 68% of the total voting power. On July 2, 2024, the investment funds of New Mountain Capital presented an acquisition proposal to the special committee of the board of directors of R1 RCM. The non-binding proposal seeks to acquire all shares not owned by New Mountain Capital for $13.25 per share, while inviting TowerBrook to transfer all or a portion of its shares into the Company following closing. If the special committee accepts the proposal, minority shareholders will be cashed out and deprived of any future upside in the private company.

The BFA is concerned that New Mountain Capital and TowerBrook, as well as the members of the R1 RCM board of directors, would breach their fiduciary duties if they approved an unfair merger transaction to the benefit of New Mountain Capital and TowerBrook.

Shareholders are encouraged to submit their information to know their rights.

Submit your information here: https://www.bfalaw.com/cases-investigations/r1-rcm-inc.

Next steps:

If you currently own shares of R1 RCM, you may have legal options and are encouraged to contact the company.

All representations are made on a conditional fee basis, it costs you nothing. Shareholders are not liable for any legal fees or expenses related to litigation. The Company will seek court approval for all such fees and expenses.

To speak to a lawyer for more information, visit:

https://www.bfalaw.com/cases-investigations/r1-rcm-inc

Or contact:
Ross Shikowitz
[email protected]
212-789-2303

Why Bleichmar Fonti & Auld LLP?

Bleichmar Fonti & Auld LLP is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a Top 5 Claims Law Firm by ISS SCAS in 2023 and its attorneys have been named Titans of the Plaintiffs’ Bar by Law360 and SuperLawyers by Thompson Reuters. Among its recent notable successes, BFA has recovered over $900 million in value from the board of Tesla, Inc. (pending court approval), as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases-investigations/r1-rcm-inc

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