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Castlight Health, Inc. Investigation

We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Castlight Health, Inc. (“Castlight” or the “Company”) (NYSE: CSLT), in connection with the proposed acquisition of the Company by Vera Whole Health, Inc. (“Vera”) via a tender offer.  Under the terms of the acquisition agreement, the Company’s shareholders will receive $2.05 per share in cash for each share of Castlight common stock that they hold. The transaction is valued at approximately $370 million.

WeissLaw LLP is investigating whether (i) Castlight’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $2.05 per-share offer price adequately compensates Castlight’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.

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