MILWAUKEE, March 2, 2026 /PRNewswire/ -- Ademi LLP is investigating Select Medical (NYSE: SEM) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with a consortium led by Executive Chairman Robert A. Ortenzio, Senior Executive Vice President Martin F. Jackson, and private equity firm Welsh, Carson, Anderson & Stowe.

Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995.  There is no cost or obligation to you.

In the transaction, Select Medical stockholders will receive $16.50 per share in cash in a transaction with an enterprise value of approximately $3.9 billion. Select Medical insiders will receive substantial benefits as part of change of control arrangements.

The transaction agreement unreasonably limits competing transactions for Select Medical by imposing a significant penalty if Select Medical accepts a competing bid. We are investigating the conduct of the Select Medical board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Ademi LLP                                                   
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

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SOURCE Ademi LLP