Shareholder Alert: Ademi & O'Reilly, LLP Investigates whether Acacia Communications has obtained a Fair Price in its sale to Cisco

MILWAUKEE, July 9, 2019 /PRNewswire/ -- Ademi & O'Reilly, LLP is investigating Acacia Communications (NASDAQ: ACIA) for possible breaches of fiduciary duty and other violations of the law in connection with the sale of Acacia to Cisco.

Click here to learn how to join the action: http://ademilaw.com/case/acacia or call Guri Ademi toll-free at 866-264-3995.  There is no cost or obligation to you.

Ademi & O'Reilly, LLP alleges Acacia's financial outlook is improving and yet shareholders will receive only $70 for each share of Acacia common stock they own.  Cisco is acquiring Acacia at a substantial discount.  The merger agreement unreasonably limits competing bids for Acacia by prohibiting solicitation of further bids, and imposing a termination penalty if Acacia accepts a superior bid. Acacia insiders will receive millions of dollars as part of change of control arrangements. We are investigating on the conduct of Acacia's board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Acacia.

If you own common stock in Acacia and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or http://ademilaw.com/case/acacia.                    

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.

Contacts

Ademi & O'Reilly, LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

SOURCE Ademi & O'Reilly, LLP

Related Links

http://www.ademilaw.com

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