ARUBA NETWORKS SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Aruba Networks, Inc. (ARUN) over the Pr...
10 March 2015 - 9:51PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of Aruba Networks, Inc.
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a
leading national securities firm headquartered in New York City, is
investigating the Board of Directors of Aruba Networks, Inc.
(“Aruba” or the “Company”) (NasdaqGS:ARUN) for potential breaches
of fiduciary duties in connection with the sale of the Company to
Hewlett-Packard Company for approximately $2.7 billion in cash. The
Company’s stockholders will only receive $24.67 for each share of
Aruba common stock they own.
Click here for more information:
www.faruqilaw.com/ARUN. There is no cost or obligation to
you.
The investigation focuses on whether Aruba’s Board of Directors
breached their fiduciary duties to the Company’s stockholders by
failing to conduct a fair sales process and whether and by how much
this proposed transaction undervalues the Company to the detriment
of Aruba’s shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, throughout all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
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If you own common stock in Aruba and wish to obtain additional
information and protect your investments free of charge, please
visit us at www.faruqilaw.com/ARUN or contact Juan E. Monteverde,
Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone
at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2015 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
Faruqi & Faruqi, LLP369 Lexington Avenue, 10th FloorNew
York, NY 10017Attn: Juan E. Monteverde,
Esq.jmonteverde@faruqilaw.comToll Free: 877-247-4292Phone:
212-983-9330