Scott+Scott Attorneys at Law LLP Investigates Osprey Technology Acquisition Corp.’s Directors and Officers for Breach of Fiduciary Duties – BKSY, SFTW
Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether certain directors and officers of Osprey Technology Acquisition Corp. (“Osprey”) (NYSE: SFTW); n/k/a BlackSky Technology Inc. (“BlackSky”) (NYSE: BKSY) breached their fiduciary duties to Osprey’s shareholders. If you were an Osprey shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982 or email@example.com.
Scott+Scott is investigating whether Osprey’s board of directors or executive officers breached their duties of disclosure, duties of candor, and requirements to act in good faith, and whether Osprey’s shareholders suffered damages as a result.
On September 8, 2021, Osprey shareholders of record, as of July 16, 2021, approved a merger between Osprey and BlackSky. After the merger, BlackSky announced that it missed the forecast in the merger proxy for full-year net profit by roughly $200 million. The stock price has declined by over 85% since the merger, with shares currently trading at $1.26/share.
What You Can Do
If you were an Osprey shareholder, you may have legal claims against Osprey’s directors and officers. If you wish to discuss this investigation, or have questions about this notice or your legal rights, please contact attorney Joe Pettigrew toll-free at 844-818-6982 or firstname.lastname@example.org.
Scott+Scott has significant experience in prosecuting major securities, antitrust, and consumer rights actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, and Ohio.