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SHAREHOLDER ALERT: WeissLaw LLP Investigates NIC Inc.

·2 min read

NEW YORK, Feb. 10, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of NIC Inc. ("EGOV" or the "Company") (NASDAQ: EGOV) in connection with the proposed acquisition of the Company by Tyler Technologies Inc. (NYSE: TYL). Under the terms of the agreement, the Company's shareholders will receive $34.00 in cash for each share of EGOV common stock that they hold. The all-cash transaction is valued at approximately $2.3 billion.

WeissLaw LLP (PRNewsfoto/WeissLaw LLP)
WeissLaw LLP (PRNewsfoto/WeissLaw LLP)

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

https://www.weisslawllp.com/EGOV/

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 LLP is investigating whether (i) EGOV's board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $34.00 per-share merger consideration adequately compensates EGOV's shareholders; and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.

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

Cision
Cision

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SOURCE WeissLaw LLP