Saxena White P.A. is pleased to announce that on February 12, 2025, the United States District Court for the District of Delaware appointed AltShares Event-Driven ETF, Hilary L. Shane Revocable Trust, and The Arbitrage Fund as Lead Plaintiff and Saxena White P.A. as Co-Lead Counsel in the securities class action against EngageSmart, Inc.

The action alleges that, during the class period, EngageSmart made materially false and misleading statements regarding its January 2024 “take private” acquisition by Vista Equity Partners Management, LLC., including certain conflicts of interest among the special committee appointed to consider the merger.