Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Aruba Networks, Inc. Stockholders
March 02 2015 - 7:09PM
Business Wire
Kirby McInerney LLP is investigating potential claims against
Aruba Networks, Inc. (“Aruba” or the “Company”) (NASDAQ:ARUN)
concerning the proposed acquisition of the Company by
Hewlett-Packard Company (“HP”) (NYSE: HPQ). Under the terms of the
definitive agreement, Aruba stockholders will receive $24.67 in
cash for each share of Aruba common stock they own, valuing the
transaction at approximately $3.0 billion.
The investigation concerns whether the Aruba Board of Directors
violated its fiduciary duties by agreeing to the proposed
transaction and whether the proposed consideration adequately
values the Company’s common stock.
If you are an Aruba stockholder and wish to obtain additional
information, please contact J. Brandon Walker, Esq. by email
at bwalker@kmllp.com, or telephone at (212) 699-1145, Melissa
Fortunato, Esq. by email at mfortunato@kmllp.com, or telephone at
(212) 699-1141, or toll free at (888) 529-4787, or by filling out
this contact form. There is no cost or obligation to you.
Kirby McInerney LLP is a New York-based law firm concentrating
in securities, whistleblower, antitrust and consumer litigation.
For additional information, please go to www.kmllp.com.
Kirby McInerney LLPJ. Brandon Walker, Esq., (212)
699-1145bwalker@kmllp.comorMelissa Fortunato, Esq., (212)
699-1141mfortunato@kmllp.com