We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Elevate Credit, Inc. (“Elevate” or the “Company”) (NYSE: ELVT), in connection with the proposed acquisition of the Company by an affiliate of Park Cities Asset Management LLC.  Under the terms of the merger agreement, the Company’s shareholders will receive $1.87 in cash for each share of Elevate common stock owned.  The transaction is valued at $67 million.

Weiss Law is investigating whether (i) Elevate’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $1.87 per-share merger consideration adequately compensates Elevate’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.