SoftBank's DigitalBridge Takeover Faces Shareholder Probe

Investigation Launched: Levi &amp; Korsinsky is probing the fairness of the SoftBank-DigitalBridge merger for <strong class="body_output text-content_primary font-semibold" node="[object Object]">preferred stockholders (NYSE: DBRG.PRH).
No Cash Payout: The investigation targets the deal&#x27;s term that preferred shares <strong class="body_output text-content_primary font-semibold" node="[object Object]">will not be cashed out , instead converting to stock in the surviving company.
Potential Disruption: The probe introduces legal risk that could lead to <strong class="body_output text-content_primary font-semibold" node="[object Object]">renegotiated terms or litigation , potentially delaying the acquisition&#x27;s closure.

Levi & Korsinsky Probes SoftBank's DigitalBridge Merger Terms

On March 18, 2026, law firm Levi & Korsinsky, LLP initiated an investigation into the pending acquisition of DigitalBridge Group, Inc. by SoftBank Group Corp. The probe focuses on the fairness of the transaction for holders of DigitalBridge's preferred stock (NYSE: DBRG.PRH) who purchased shares prior to December 28, 2025. This legal scrutiny introduces a significant variable into the merger's completion timeline and final structure.

Preferred Stockholders Face No Cash Payout

The core of the investigation centers on the acquisition's terms, which stipulate that DigitalBridge's preferred stockholders will not receive a cash payment for their shares. Instead, their holdings are set to convert into preferred stock of the surviving company post-merger. This arrangement denies these investors a liquidity event, raising questions about the financial adequacy of the deal from their perspective. The investigation could result in litigation or force a renegotiation of the acquisition terms to provide a cash option.