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RIGNET MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF RIGNET, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – RNET
December 21, 2020.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of RigNet, Inc. (NASDAQ: RNET) to Viasat Inc. for 0.1845 shares of Viasat stock for each RigNet share is fair to RigNet shareholders.
The investigation concerns whether RigNet and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for RigNet shareholders; (2) determine whether Viasat is underpaying for RigNet; and (3) disclose all material information necessary for RigNet shareholders to adequately assess and value the merger consideration. On behalf of RigNet 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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