Acacia Communications, Inc.
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ACACIA MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF ACACIA COMMUNICATIONS, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – ACIA
July 9, 2019.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Acacia Communications, Inc. (“Acacia” or the “Company”) (NASDAQ: ACIA) to Cisco Systems, Inc. (“Cisco”) for $70.00 per share is fair to Acacia shareholders. On behalf of Acacia shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
The Acacia merger investigation concerns whether Acacia and its Board of Directors violated the federal securities laws and/or their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for Acacia shareholders; (2) determine whether Cisco is underpaying for Acacia; and (3) disclose all material information necessary for Acacia shareholders to adequately assess and value the merger consideration.
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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