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Wednesday, April 23, 2025

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Shareholder Class Action

The TriZetto Group is selling itself too cheaply to Apax Partners, for $1.4 billion or $22 per share, shareholders claim in Delaware Chancery Court. (TriZetto makes health care technology, Apax specializes in leveraged buyouts.)      Directors of Global Cash Access inflated share price during its IPO through false and misleading statements, shareholders claim in Manhattan Federal Court.     MGIC Investment Corp. inflated its share price through false and misleading statements, shareholders claim in Milwaukee Federal Court.

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