Getaround, Inc. Stockholders Notified of Investigation over Fairness of Acquisition
New York, NY – In a recent press release, Levi & Korsinsky, LLP, a leading securities law firm, announced the initiation of an investigation into Getaround, Inc. (GETR) regarding the fairness of the acquisition of the company, previously known as InterPrivate II Acquisition Corp, which occurred on or about December 2, 2022. The law firm is reaching out to all persons or entities who owned Getaround stock prior to this date to determine their potential interests and potential harm in the matter.
Background of the Acquisition
Getaround, Inc. is a leading carsharing platform that allows users to rent out their personal vehicles when they are not using them. The company went public in April 2022 through a merger with InterPrivate II Acquisition Corp. The acquisition was valued at approximately $400 million. The investigation by Levi & Korsinsky, LLP concerns whether the Board of Getaround harmed stockholders by not fully disclosing all material facts related to the acquisition and whether the price paid was fair.
Impact on Individual Stockholders
If you are a Getaround stockholder who purchased shares prior to December 2, 2022, you may have valuable information that could assist in this investigation. Levi & Korsinsky, LLP is committed to ensuring that all shareholders receive the compensation they are entitled to. The investigation may result in a class action lawsuit against Getaround and its directors and officers.
- If you are a Getaround stockholder, you may be eligible to participate in the investigation.
- To learn more about the investigation, contact Levi & Korsinsky, LLP at 212-363-7511 or submit your information at
Impact on the World
The investigation into the Getaround acquisition could set a precedent for other similar deals in the tech industry. The outcome of the investigation could potentially lead to increased scrutiny of the due diligence process in mergers and acquisitions. Moreover, it could serve as a reminder to companies to ensure full disclosure of all material facts to their shareholders.
Conclusion
The investigation by Levi & Korsinsky, LLP into the acquisition of Getaround, Inc. is an important step towards holding companies accountable for their actions and ensuring fairness to their shareholders. If you are a Getaround stockholder who purchased shares prior to December 2, 2022, you may have valuable information that could assist in this investigation. For more information, contact Levi & Korsinsky, LLP at 212-363-7511 or submit your information at
Stay informed and protect your investment. If you believe that your rights as a shareholder have been violated, don’t hesitate to reach out for assistance.
