Aerohive Networks, Inc.

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AEROHIVE MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF AEROHIVE NETWORKS, INC. IS FAIR TO SHAREHOLDERS – HIVE

June 26, 2019.

New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Aerohive Networks, Inc. (NYSE: HIVE) to Extreme Networks, Inc. (“Extreme Networks”) is fair to Aerohive shareholders. On behalf of Aerohive shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

The Aerohive merger investigation concerns whether Aerohive 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 Aerohive shareholders; (2) determine whether Extreme Networks is underpaying for Aerohive; and (3) disclose all material information necessary for Aerohive 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.

Attorney Advertising. Prior results do not guarantee a similar outcome.

 

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