Kendall Law Group Investigates SonicWALL, Inc. Merger for Shareholders

Kendall Law Group, a national securities firm, is investigating SonicWALL, Inc. (NASDAQ: SNWL) for shareholders in connection with the proposed sale of SonicWALL to the private equity firm Thoma Bravo LLC. The firm’s investigation seeks to determine whether SonicWALL and its Board breached their fiduciary duties by entering into the agreement without properly shopping for a deal that would provide better value for shareholders. If you are a SonicWALL shareholder and would like additional information about your rights, contact the Kendall Law Group at 877-744-3728 or by email at skendall@kendalllawgroup.com.

On June 2, 2010, the companies announced that they had entered into an agreement for SonicWALL to be acquired by Thoma Bravo for approximately $636 million. According to the agreement, SonicWALL shareholders will receive $11.50 per share. SNWL stock closed at $10.07 as recently as May 13, 2010 and $10.75 on April 26, 2010. The board of SonicWALL voted unanimously to approve the merger agreement, which is subject to a shareholder vote. Included in the merger agreement is a clause that may obligate SonicWALL to pay Thoma Bravo $25 million if the merger is terminated due to certain specified circumstances.

Kendall Law Group was founded by a former federal judge, includes a former United States Attorney, prosecutors and securities lawyers who are experienced in complex securities litigation. The firm has been counsel in dozens of merger and acquisition cases nationwide, including some of the largest transactions in the United States.

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