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NEW YORK, June 2, 2026 /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Select Medical Holdings Corporation's (NYSE: SEM) board of directors and senior management for potential breaches of their fiduciary duties to shareholders in connection with the pending sale of the company for $16.50 per share as announced on March 2, 2026.
If you are a current shareholder of Select Medical, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/select-medical-merger-lawsuit
Why is Select Medical being Investigated?
On March 2, 2026, Select Medical announced that it had agreed to be acquired by a consortium led by: Robert A. Ortenzio, Select Medical's co-founder; Martin F. Jackson, Select Medical's Senior Executive Vice President of Strategic Finance and Operations; and Welsh, Carson, Anderson & Stowe ("WCAS"), a private equity company which has longstanding historical ties to Russel L. Carson, a director on Select Medical's board of directors.
The merger will eliminate all holdings of Select Medical stock in exchange for $16.50 per share in cash, except that Ortenzio, Jackson and certain entities affiliated with them are being allowed to "rollover" their holdings into the post-merger company. The opportunity to "rollover" is not being extended to public stockholders.
The merger was approved by a special committee of Select Medical's board of directors and is conditioned on approval by Select Medical's stockholders.
The stockholder vote is scheduled for June 26, 2026. The merger could close shortly after that vote occurs, which could limit stockholders' ability to investigate the fairness of the merger.
BFA is investigating whether Select Medical's board of directors, together with members of the company's senior management, have breached their fiduciary duties to Select Medical stockholders in connection with the negotiation and execution of the merger, including the public disclosures the company has made seeking stockholder approval.
Click here for more information: https://www.bfalaw.com/cases/select-medical-merger-lawsuit
What Can You Do?
If you are a current holder of Select Medical Holdings Corporation stock, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
Submit your information by visiting:
https://www.bfalaw.com/cases/select-medical-merger-lawsuit
Why Bleichmar Fonti & Auld LLP?
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, "Litigation Stars" by Benchmark Litigation, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, 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/select-medical-merger-lawsuit
Attorney advertising. Past results do not guarantee future outcomes.
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SOURCE Bleichmar Fonti & Auld LLP
NEW YORK, June 1, 2026 /PRNewswire/ -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2025 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating.
- Citizens National Corporation (OTCID: CZNL) related to its sale to Peoples Bancorp, Inc. Under the terms of the proposed transaction, Citizens National shareholders are expected to receive 2.10 common shares of Peoples and cash in the amount of $8.00 per share.
Click here for more information https://monteverdelaw.com/case/citizens-national-corporation/. It is free and there is no cost or obligation to you.
- Esquire Financial Holdings, Inc. (NASDAQ: ESQ) related to its merger with Signature Bancorporation.
ACT NOW. The Shareholder Vote is scheduled for June 23, 2026.
Click here for more information https://monteverdelaw.com/case/esquire-financial-holdings-inc/. It is free and there is no cost or obligation to you.
- Green Dot Corporation (NYSE: GDOT) related to its sale to Smith Ventures and CommerceOne Financial Corporation. Under the terms of the proposed transaction, Green Dot shareholders are expected to receive $8.11 in cash and 0.2215 shares of a new publicly traded bank holding company for each share of Green Dot.
ACT NOW. The Shareholder Vote is scheduled for June 23, 2026.
Click here for more information https://monteverdelaw.com/case/green-dot-corporation/. It is free and there is no cost or obligation to you.
- Select Medical Holdings Corporation (NYSE: SEM) related to its sale to a consortium led by Select Medical executives and directors. Under the terms of the proposed transaction, Select Medical shareholders are expected to receive $16.50 per share in cash.
ACT NOW. The Shareholder Vote is scheduled for June 26, 2026.
Click here for more info https://monteverdelaw.com/case/select-medical-holdings-corporation/. It is free and there is no cost or obligation to you.
NOT ALL LAW FIRMS ARE THE SAME. Before you hire a law firm, you should talk to a lawyer and ask:
- Do you file class actions and go to Court?
- When was the last time you recovered money for shareholders?
- What cases did you recover money in and how much?
About Monteverde & Associates PC
Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court.
No company, director or officer is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.
Contact:
Juan Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4740
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2026 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.
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SOURCE Monteverde & Associates PC
