NEW YORK, NY / ACCESSWIRE / April 7, 2020 / Halper Sadeh LLP, a global investor rights law firm, announces the filing of a shareholder class action lawsuit against Forescout Technologies, Inc. (NASDAQ:FSCT) in connection with the proposed sale of Forescout to affiliates of Advent International for $33.00 per share. The lawsuit seeks damages and/or equitable relief on behalf of Forescout shareholders under the federal securities laws.
If you are a Forescout shareholder and would like to join the action or discuss your legal rights and options, please visit Forescout Class Action or contact Daniel Sadeh or Zachary Halper, free of charge, at (212) 763-0060 or [email protected] or [email protected].
The lawsuit alleges that Defendants issued a materially misleading proxy statement recommending that Forescout shareholders vote in favor of the proposed sale of Forescout to affiliates of Advent. According to the complaint, the proxy statement contains materially incomplete and misleading information concerning Forescout's financial projections and the analyses performed by Forescout's financial advisor.
If you wish to serve as lead plaintiff, you must move the Court no later than June 5, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you would like to join the action or discuss your legal rights and options, please visit https://halpersadeh.com/actions/forescout-technologies-inc-merger-stock-advent-international/ or contact Daniel Sadeh or Zachary Halper, free of charge, at (212) 763-0060 or [email protected] or [email protected].
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE OR YOU MAY REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
[email protected]
[email protected]
https://www.halpersadeh.com
SOURCE: Halper Sadeh LLP