Johnson Fistel Investigates Potential Board Fiduciary Duty Breaches in the Select Medical Take-Private Transaction
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Johnson Fistel, a shareholder rights law firm, is investigating potential fiduciary duty breaches by the board of Select Medical Holdings Corporation in relation to its proposed sale to a consortium led by Robert A. Ortenzio and Martin F. Jackson. The investigation aims to determine if the board maximized shareholder value and if minority shareholders are receiving fair consideration. The transaction, announced on March 2, 2026, proposes to acquire shares at $16.50 each, potentially making Select Medical a privately held company. Interested shareholders can join the investigation for more information.
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