Ademi LLP is investigating SecureWorks (NASDAQ: SCWX) for possible breaches of fiduciary duty and other violations of law in its transaction with Sophos.
Click here to learn how to join our investigation or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
In the transaction, SecureWorks shareholders will receive only $8.50 per share in an all-cash transaction valued at $859 million. The transaction agreement unreasonably limits competing transactions for SecureWorks by imposing a significant penalty if SecureWorks accepts a competing bid. SecureWorks insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of SecureWorks’s board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
If you own SecureWorks common stock and wish to obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, or here.
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.
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