The Law Office of Robbins Arroyo LLP Announces That it Has Filed a Class Action Lawsuit Against Riverbed Technology, Inc. (RV...
13 Fevereiro 2015 - 7:56PM
Shareholder rights law firm Robbins Arroyo LLP announces that it
filed a class action lawsuit on February 5, 2015, in the U.S.
District Court for the Northern District of California, San
Francisco Division (the "Court"), on behalf of the shareholders of
Riverbed Technology, Inc. ("Riverbed") (Nasdaq:RVBD) against
Riverbed and its Board of Directors for, among other things,
violations of sections 14(a) and 20(a) of the Securities and
Exchange Act of 1934 (the "Exchange Act") and U.S. Securities and
Exchange Commission Rule 14a-9 promulgated thereunder.
Riverbed Is Accused of Disseminating a False and
Misleading Proxy Statement
The complaint arises out of a December 15, 2014, press release
announcing that Riverbed had entered into a definitive merger
agreement with Thoma Bravo, LLC and Teachers' Private Capital
pursuant to which Riverbed shareholders would receive $21 per share
in cash (the "Proposed Transaction"). The complaint seeks
injunctive relief on behalf of the named plaintiff and all other
similarly situated shareholders of Riverbed (the "Class"). The
named plaintiff is represented by Robbins Arroyo LLP.
The complaint alleges that, in an attempt to secure shareholder
approval of the Proposed Transaction, the defendants filed a
materially false and misleading Definitive Proxy Statement with the
U.S. Securities and Exchange Commission in violation of the
Exchange Act. The omitted and/or misrepresented information is
believed to be material to Riverbed shareholders' ability to make
an informed decision whether to approve the Proposed
Transaction.
If you purchased or otherwise acquired Riverbed stock prior to
the announcement of the Proposed Transaction on December 15, 2014,
and wish to serve as lead plaintiff, you must move the Court no
later than sixty days from February 13, 2015. If you wish to
discuss this action or have any questions concerning this notice or
your rights or interests, please contact attorney Darnell R.
Donahue of Robbins Arroyo LLP at 800-350-6003, via the shareholder
information form on our website, or by e-mail at
info@robbinsarroyo.com. Any member of the Class may move the Court
to serve as lead plaintiff through counsel of their choice, or may
choose to do nothing and remain an absent Class member.
Robbins Arroyo LLP, a nationally recognized leader in the area
of shareholder rights litigation, represents individual and
institutional investors in securities class action lawsuits and
shareholder derivative actions. Robbins Arroyo LLP has helped its
clients realize more than $1 billion of value for themselves and
the companies in which they have invested. Past results do not
guarantee similar outcomes. For more information about the
firm, please go to http://www.robbinsarroyo.com.
Press release link:
www.robbinsarroyo.com/shareholders-rights-blog/riverbed-technology-inc
CONTACT: Darnell R. Donahue
Robbins Arroyo LLP
600 B Street, Suite 1900
San Diego, CA 92101
ddonahue@robbinsarroyo.com
(619) 525-3990 or Toll Free (800) 350-6003
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