Levi & Korsinsky, LLP Investigating Getaround, Inc. Acquisition

Overview

New York, NY / ACCESS Newswire / January 31, 2025 / Levi & Korsinsky, LLP has announced an investigation into the acquisition of Getaround, Inc. (NASDAQ:GETR), formerly known as InterPrivate II Acquisition Corp. The investigation aims to determine the fairness of the acquisition and whether the Board of Getaround adequately disclosed all material facts to stockholders.

Background

Getaround, Inc. is a company that provides car sharing services to consumers. The acquisition, which took place on December 2, 2022, has raised concerns about potential harm to stockholders and the transparency of information provided to them.

Levi & Korsinsky, LLP, a prominent law firm specializing in shareholder rights and securities litigation, is conducting a thorough investigation to ensure that stockholders’ interests are protected and that all relevant information is brought to light.

Impact on Individuals

As a stockholder of Getaround, Inc., if you purchased shares prior to December 2, 2022, you may be affected by the outcome of the investigation. It is important to stay informed about developments in the case and consider seeking legal advice to protect your rights as a shareholder.

Global Implications

The investigation into the Getaround, Inc. acquisition has the potential to have broader implications on corporate governance and transparency in the business world. If wrongdoing is found, it could lead to increased scrutiny of board practices and disclosure requirements for companies engaging in acquisitions.

Conclusion

Levi & Korsinsky, LLP’s investigation into the Getaround, Inc. acquisition underscores the importance of upholding shareholder rights and ensuring transparency in corporate transactions. The outcome of this case has the potential to impact not only individual stockholders but also corporate practices on a global scale.