SPLK Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Splunk Inc. Is Fair to Shareholders

Sep 21, 2023 08:20 am
NEW YORK -- 

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Splunk Inc. (NASDAQ: SPLK) to Cisco Systems, Inc. for $157.00 per share in cash is fair to Splunk shareholders.

Halper Sadeh encourages Splunk shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected].

The investigation concerns whether Splunk and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Splunk shareholders; (2) determine whether Cisco is underpaying for Splunk; and (3) disclose all material information necessary for Splunk shareholders to adequately assess and value the merger consideration. On behalf of Splunk shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Halper Sadeh encourages Splunk shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected].

Halper Sadeh LLC 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.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Halper Sadeh LLC
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
[email protected]
[email protected]
https://www.halpersadeh.com