NEW YORK, July 09, 2019 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Acacia Communications, Inc. (“Acacia” or the “Company”) (NASDAQ: ACIA) to Cisco Systems, Inc. (“Cisco”) for $70.00 per share is fair to Acacia shareholders. On behalf of Acacia shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
If you are an Acacia shareholder and would like to discuss your legal rights and options, please visit Acacia Merger or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.
The Acacia merger investigation concerns whether Acacia 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 Acacia shareholders; (2) determine whether Cisco is underpaying for Acacia; and (3) disclose all material information necessary for Acacia shareholders to adequately assess and value the merger consideration.
If you are an Acacia shareholder and would like to discuss your legal rights and options, please visit https://halpersadeh.com/actions/acacia-communications-inc-acia-merger-stock-cisco/ or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.
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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Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com