Cray Inc.

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CRAY MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF CRAY INC. IS FAIR TO SHAREHOLDERS – CRAY

May 17, 2019.

New York, New York—Halper Sadeh LLP, a global investor rights law firm, announces it is investigating whether the sale of Cray Inc. (NASDAQ: CRAY) to Hewlett Packard Enterprise is fair to Cray shareholders.

The Cray merger investigation concerns whether Cray and its Board of Directors violated the federal securities laws and/or their fiduciary duties to common unit holders by failing to: (1) obtain the best possible price for Cray shareholders; (2) determine whether Hewlett Packard is underpaying for Cray; and (3) disclose all material information necessary for Cray 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 or predict a similar outcome with respect to any future matter.

 

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