MILWAUKEE, July 20, 2020 /PRNewswire/ -- Ademi &
O'Reilly, LLP is investigating GlobalSCAPE (NYSE: GSB) for
possible breaches of fiduciary duty and other violations of the law
in connection with the sale to HelpSystems.
Click here to learn how to join the action:
http://ademilaw.com/case/globalscape-inc or call Guri Ademi toll-free at 866-264-3995.
There is no cost or obligation to you.
Ademi & O'Reilly, LLP alleges GlobalSCAPE's financial
outlook is improving and yet shareholders will receive only
$9.50 for each GlobalSCAPE
share. The merger agreement unreasonably limits competing bids
for GlobalSCAPE by prohibiting solicitation of further bids,
and imposing a termination penalty if GlobalSCAPE accepts a
superior bid. GlobalSCAPE insiders will receive millions of
dollars as part of change of control arrangements. We are
investigating the conduct of GlobalSCAPE'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
GlobalSCAPE.
If you own common stock in GlobalSCAPE 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/globalscape-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