SAN DIEGO, Oct. 29, 2018 /PRNewswire/ -- Johnson Fistel, LLP, a law firm dedicated to representing shareholders nationwide, is investigating potential
breaches of fiduciary duty involving the board of directors and members of management of International Business Machines
Corporation (NYSE: IBM) ("IBM").
On October 29, 2018, IBM shares slumped to the lowest level in nearly three years following its
announcement that it would buy Red Hat, Inc. for $34 billion. In response to IBM's announcement,
Moody's Investor Service announced its review of IBM's credit rating for potential downgrade for IBM's substantial increase in
leverage.
If you are an IBM shareholder and are interested in learning more about the firm's investigation, please visit us at:
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Additionally, you may contact W. Scott Holleman (scotth@johnsonfistel.com) by email or by phone at 212-802-1486.
If you email, please include your phone number.
About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in
California, New York, and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities
class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not
guarantee future outcomes.
Contact:
Johnson Fistel, LLP
W. Scott Holleman, 212-802-1486
scotth@johnsonfistel.com
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SOURCE Johnson Fistel, LLP