MERGER ALERT: Kaskela Law LLC Announces Investigation of LogMeIn, Inc. (LOGM) and Encourages Shareholders to Contact the Firm
February 05 2020 - 3:36PM
Business Wire
Kaskela Law LLC announces that it is investigating LogMeIn, Inc.
(NASDAQ: LOGM) on behalf of the company’s stockholders.
On December 17, 2019, LogMeIn announced that it had entered into
an agreement to be acquired by affiliates of private equity firm
Francisco Partners at a price of $86.05 per share in cash.
Following the closing of the proposed transaction, LogMeIn will
cease to be a publicly traded company.
The investigation seeks to determine whether LogMeIn
shareholders are expected to receive sufficient consideration from
Francisco Partners for their shares, and whether LogMeIn’s officers
and/or directors violated the securities laws or breached their
fiduciary duties in connection with the sale of LogMeIn.
Investors who purchased shares of LogMeIn’s common stock
prior to December 17, 2019 are encouraged to contact Kaskela
Law LLC (David Seamus Kaskela, Esq.) at (484) 258 – 1585 to discuss
this investigation and their legal rights and options. Additional
information may also be found at
http://kaskelalaw.com/case/logmein-inc/.
Kaskela Law LLC represents investors in securities fraud,
corporate governance, and merger & acquisition litigation. For
additional information about Kaskela Law LLC please visit
www.kaskelalaw.com. This notice may constitute attorney advertising
in certain jurisdictions.
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version on businesswire.com: https://www.businesswire.com/news/home/20200205005795/en/
D. Seamus Kaskela, Esq. KASKELA LAW LLC 18 Campus
Boulevard, Suite 100 Newtown Square, PA 19073 (484) 258 – 1585
(888) 715 – 1740 www.kaskelalaw.com skaskela@kaskelalaw.com
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