MILWAUKEE, Feb. 6, 2020 /PRNewswire/ -- Ademi &
O'Reilly, LLP is investigating Forescout Technologies, Inc.
(NASDAQ: FSCT) for possible breaches of fiduciary duty and
other violations of the law in connection with the sale to
Advent.
Click here to learn how to join the action:
http://ademilaw.com/case/forescout-technologies-inc or call
Guri Ademi toll-free at
866-264-3995. There is no cost or obligation to you.
Ademi & O'Reilly, LLP alleges Forescout's financial outlook
is improving and yet shareholders will receive only $33.00 per share in an all-cash transaction
valued at $1.9 billion. The
merger agreement unreasonably limits competing bids for Forescout
by prohibiting solicitation of further bids, and imposing a
termination penalty if Forescout accepts a superior bid. Forescout
insiders will receive millions of dollars as part of change of
control arrangements. We are investigating the conduct of
Forescout's board of directors, and whether they are (i) fulfilling
their fiduciary duties to all shareholders, and (ii) obtaining a
fair and reasonable price for Forescout.
If you own common stock in Forescout and wish to obtain
additional information, please contact Guri
Ademi either at gademi@ademilaw.com or toll-free:
866-264-3995, or
http://ademilaw.com/case/forescout-technologies-inc.
We specialize in shareholder litigation involving buyouts,
mergers, and individual shareholder rights throughout the country.
For more information, please feel free to call us. Attorney
advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi & O'Reilly, LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
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SOURCE Ademi & O'Reilly, LLP