Levi & Korsinsky, LLP Investigates Starry Group Holdings Inc. Acquisition
NEW YORK, NY / ACCESS Newswire / February 4, 2025
The following statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who own Starry Group Holdings Inc (“STRY” or the “Company”) (STRY) stock purchased prior to March 12, 2022. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the acquisition of the company, then known as FirstMark Horizon Acquisition Corp, and whether the Board of STRY harmed stockholders, and whether all material facts had been properly disclosed to stockholders.
The investigation raises concerns about potential conflicts of interest in the acquisition of Starry Group Holdings Inc, formerly known as FirstMark Horizon Acquisition Corp. Shareholders who owned STRY stock before March 12, 2022, are urged to pay close attention to the outcome of this investigation, as it may have significant implications for the future of the company and its stakeholders.
Levi & Korsinsky, LLP is dedicated to ensuring transparency and accountability in corporate transactions, and this investigation into the acquisition of Starry Group Holdings Inc is part of our ongoing commitment to protecting the rights of shareholders. We will provide updates on the progress of the investigation as new information becomes available.
How does this affect me?
As a shareholder of Starry Group Holdings Inc (STRY) who purchased stock before March 12, 2022, the outcome of this investigation could have a direct impact on the value of your investment. It is important to stay informed about the proceedings and to consider seeking legal guidance if necessary to protect your interests.
How does this affect the world?
The outcome of this investigation could have broader implications for corporate governance and shareholder rights. If it is found that the Board of STRY failed to properly disclose material facts or acted in a manner that harmed stockholders, it may lead to increased scrutiny of similar acquisitions in the future and could contribute to greater transparency and accountability in corporate transactions.
Conclusion
Levi & Korsinsky, LLP’s investigation into the acquisition of Starry Group Holdings Inc raises important questions about the fairness of the transaction and the integrity of the Board of STRY. Shareholders are encouraged to follow the progress of the investigation closely and to stay informed about any updates that may impact their investment. This investigation has the potential to not only affect individual shareholders but also to have broader implications for corporate governance and shareholder rights in the business world.
