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NORTONLIFELOCK INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE MERGER OF NORTONLIFELOCK INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – NLOK
August 10, 2021.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of NortonLifeLock Inc. (NASDAQ: NLOK) and Avast is fair to NortonLifeLock shareholders. Under the terms of the merger, Avast shareholders will be entitled to receive a combination of cash consideration and newly issued shares in NortonLifeLock with alternative consideration elections available.
The investigation concerns whether NortonLifeLock and its board 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 NortonLifeLock shareholders; and (2) disclose all material information necessary for NortonLifeLock shareholders to adequately assess and value the merger consideration. On behalf of NortonLifeLock 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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