SAIL Stock Alert: Halper Sadeh LLP Is Investigating Whether the Sale of SailPoint Technologies Holdings, Inc. Is Fair to Shareholders
NEW YORK (ClassActionDaily) Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of SailPoint Technologies Holdings, Inc. (NYSE: SAIL) to Thoma Bravo for $65.25 per share in cash is fair to SailPoint shareholders.
The investigation concerns whether SailPoint and its board of directors violated the federal securities laws or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for SailPoint shareholders; (2) determine whether Thoma Bravo is underpaying for SailPoint; and (3) disclose all material information necessary for SailPoint shareholders to adequately assess and value the merger consideration. On behalf of SailPoint shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh encourages SailPoint shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or firstname.lastname@example.org or email@example.com.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.