Aquantia Corp.

If you purchased Aquantia Corp. securities and would like to join the action, please click "Join This Class Action" below.

AQUANTIA MERGER CLASS ACTION: HALPER SADEH LLP ANNOUNCES SHAREHOLDER CLASS ACTION AGAINST AQUANTIA CORP. CONCERNING ITS PROPOSED MERGER WITH MARVELL TECHNOLOGY GROUP LTD. – AQ

June 5, 2019.

New York, New York—Halper Sadeh LLP, a global investor rights law firm, announces a shareholder class action against Aquantia Corp. (“Aquantia” or the “Company”) (NYSE: AQ) in connection with the proposed sale of Aquantia to Marvell Technology Group Ltd. (“Marvell”).

The lawsuit alleges that Defendants issued a materially misleading proxy statement recommending that Aquantia shareholders vote in favor of the proposed transaction. According to the complaint, the proxy statement contains materially incomplete and/or misleading information concerning Aquantia’s financial projections and the financial analyses performed by Aquantia’s financial advisor. As a result, Aquantia shareholders must be provided with this information in order to adequately assess and value the merger consideration. The lawsuit seeks to enjoin the shareholder vote on the proposed transaction until such information is disclosed.

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.

Certification and Authorization of Plaintiff Pursuant to Federal Securities Laws

View Complaint

Scroll to Top