Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Cyan Inc. Stockholders
04 Mai 2015 - 11:38PM
Business Wire
Kirby McInerney LLP is investigating potential claims against
the Board of Directors of Cyan, Inc. (“Cyan” or the “Company”)
(NYSE:CYNI) concerning the proposed acquisition of the Company by
Ciena Corporation. Under the terms of the definitive agreement,
Cyan stockholders will receive approximately $4.75 in cash and
stock for each share of Cyan common stock they own, valuing the
transaction at approximately $400 million.
The investigation concerns whether the Cyan Board of Directors
violated its fiduciary duties by agreeing to the proposed
transaction and whether the proposed consideration adequately
values the Company’s common stock.
If you are a Cyan stockholder and wish to obtain additional
information, please contact J. Brandon Walker, Esq. by email
at bwalker@kmllp.com, or telephone at (212) 699-1145, Melissa
Fortunato, Esq. by email at mfortunato@kmllp.com, or telephone at
(212) 699-1141, or toll free at (888) 529-4787, or by filling out
this contact form. There is no cost or obligation to you.
Kirby McInerney LLP is a New York-based law firm concentrating
in securities, whistleblower, antitrust and consumer litigation.
For additional information, please go to www.kmllp.com.
Kirby McInerney LLPJ. Brandon Walker, Esq., (212)
699-1145bwalker@kmllp.comorMelissa Fortunato, Esq., (212)
699-1141mfortunato@kmllp.com
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