Halper Sadeh LLC, an investor rights law firm, is investigating three major corporate acquisitions for potential securities law violations and breaches of fiduciary duties. The investigations concern Varonis Systems' $49.75/share sale to Proofpoint, CCC Intelligent Solutions' $7.75/share sale to GTCR and Elliott Investment Management, and Penske Automotive Group's $212/share sale to Penske Corporation and Mitsui & Co. The firm is seeking increased consideration and additional disclosures on behalf of shareholders.
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Varonis Systems, Inc. · NASDAQ
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3 latestBrodsky & Smith law firm announced investigations into four major merger transactions, examining whether the boards of Varonis Systems, CCC Intelligent Solutions, Bumble Inc., and Penske Automotive Group breached fiduciary duties by failing to conduct fair processes and potentially underpaying shareholders. The firm is seeking shareholders to discuss potential class action lawsuits.
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