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CONTROL4 MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF CONTROL4 CORPORATION IS FAIR TO SHAREHOLDERS – CTRL
May 9, 2019.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, announces it is investigating whether the sale of Control4 Corporation (“Control4” or the “Company”) (NASDAQ: CTRL) to SnapAV for $23.91 per share in cash is fair to Control4 shareholders.
Control4 stock traded as high as $37.62 per share on September 14, 2018. The Control4 merger investigation concerns whether Control4 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 Control4 shareholders; (2) determine whether SnapAV is underpaying for Control4; and (3) disclose all material information necessary for Control4 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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