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FIVE9 MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF FIVE9, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – FIVN
July 19, 2021.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Five9, Inc. (NASDAQ: FIVN) to Zoom Video Communications, Inc. is fair to Five9 shareholders. Under the terms of the merger agreement, Five9 shareholders will receive 0.5533 shares of Class A common stock of Zoom for each share of Five9.
The investigation concerns whether Five9 and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Five9 shareholders; (2) determine whether Zoom is underpaying for Five9; and (3) disclose all material information necessary for Five9 shareholders to adequately assess and value the merger consideration. On behalf of Five9 shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
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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