Finkelstein Thompson LLP Announces Investigation of PLATO Learning, Inc

Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of PLATO Learning, Inc. (NASDAQ:TUTR) arising from the proposed sale of the Company to Thoma Bravo, LLC (“Thoma Bravo”), in a transaction valued at approximately $143 million. Under the terms of the agreement, PLATO shareholders will receive $5.60 in cash for each share owned.

The investigation is focused on the potential unfairness of the price to PLATO shareholders and the process by which the Company’s Board of Directors considered and approved the transaction, particularly since the Company has stated in its Preliminary Proxy that it “limit[ed] the overall numbers of participants” in its sales process. Moreover, the Preliminary Proxy appears to indicate that the Board rejected a competing offer from an unidentified party that would have provided consideration greater than what is provided in the proposed sale to Thoma Bravo.

If you are interested in discussing your rights as a PLATO shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC office at (877) 337-1050 or by email at This email address is being protected from spam bots, you need Javascript enabled to view it