NEW YORK, Oct. 27, 2017 /PRNewswire/ -- Juan
Monteverde, founder and managing partner at Monteverde &
Associates PC, a boutique securities firm headquartered at the
Empire State Building in New York
City, is investigating Gigamon, Inc. ("Gigamon" or the
"Company") (NYSE: GIMO) relating to the sale of the Company to
Elliott Management Corporation. As a result of the merger, Gigamon
shareholders are only anticipated to receive $38.50 in cash in exchange for each share of
Gigamon. The proposed offer price is below Gigamon's 52-week high
of $60.35 per share and below the
median analyst price target of $45.57
per share.
Click here for more information:
http://monteverdelaw.com/investigations/m-a/. It is free
and there is no cost or obligation to you.
The investigation focuses on whether Gigamon and its Board of
Directors violated securities laws and/or breached their fiduciary
duties to the Company's by 1) failing to conduct a fair process and
2) and by how much this proposed transaction undervalues the
Company.
Monteverde & Associates PC is a boutique class action
securities and consumer litigation law firm that has recovered
millions of dollars and is committed to protecting
shareholders and consumers from corporate wrongdoing.
Monteverde & Associates lawyers have significant experience
litigating Mergers & Acquisitions and Securities Class Actions,
whereby they protect investors by recovering money and remedying
corporate misconduct. Mr. Monteverde, who leads the legal team at
the firm, has been recognized by Super Lawyers as a Rising Star in
Securities Litigation in 2013 and 2017, an award given to less than
2.5% of attorneys in a particular field.
If you own common stock in Gigamon and wish to obtain additional
information and protect your investments free of charge, please
visit our website or contact Juan E.
Monteverde, Esq. either via e-mail at
jmonteverde@monteverdelaw.com or by telephone at (212)
971-1341.
Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2017 Monteverde & Associates
PC. The law firm responsible for this advertisement is
Monteverde & Associates PC (www.monteverdelaw.com). Prior
results do not guarantee a similar outcome with respect to any
future matter.
View original content with
multimedia:http://www.prnewswire.com/news-releases/shareholder-alert-monteverde--associates-pc-announces-an-investigation-of-gigamon-inc--gimo-300545410.html
SOURCE Monteverde & Associates PC