Jamf Holding Faces Three Shareholder Lawsuits
According to a regulatory filing, following the filing of the Definitive Proxy Statement with the SEC, and as of December 30, 2025, three complaints have been filed by purported stockholders of Jamf Holding as individual actions with respect to the merger with Jawbreaker Parent and Jawbreaker Merger Sub, affiliatets of Francisco Partners Management, as follows: Bushansky v. Jamf Holding Corp. et al., filed in Court of Chancery in the State of Delaware, December 10, 2025; Weiss v. Jamf Holding Corp. et al., filed in thte Supreme Court of the State of New York, County of New York, December 12, 2025; and Lloyd v. Jamf Holding Corp. et al., filed in the Supreme Court of the State of New York, County of New York, December 16, 2025. The omplaints generally allege that, among other things, the Definitive Proxy Statement is misleading and contains certain disclosure deficiencies and/or incomplete information regarding the merger in violation of applicable federal or state law. The complaints seek, among other things: a direction that the company make corrective and complete disclosures; to enjoin the consummation of the merger and the other transactions contemplated by the merger agreement unless and until the information purportedly omitted from the Definitive Proxy Statement is disclosed; rescission or rescissory damages in the event the merger and the transactions contemplated by the merger agreement are consummated; an award of costs of the actions, including attorneys' and expert fees; and any other relief the court may deem just and proper. In addition to the complaints, purported stockholders of the company have sent demand letters alleging similar deficiencies in the Definitive Proxy Statement as those asserted in the complaints. The company believes that the claims asserted in the matters are without merit and that no supplemental disclosures to the Definitive Proxy Statement are required or necessary under applicable laws. However, in order to avoid the risk of delay to the Special Meeting or to the merger and to minimize the potential expense associated therewith, and without admitting any liability or wrongdoing, the company is voluntarily making certain disclosures that supplement those contained in the Definitive Proxy Statement.
