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HORTONWORKS, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Merger

WILMINGTON, Del.--(BUSINESS WIRE)--

Rigrodsky & Long, P.A.:

  • Do you own shares of Hortonworks, Inc. (NASDAQ GS: HDP)?
  • Did you purchase any of your shares prior to October 3, 2018?
  • Do you think the proposed merger is fair?
  • Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Hortonworks, Inc. (“Hortonworks” or the “Company”) (NASDAQ GS: HDP) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to merge with Cloudera, Inc. (“Cloudera”) (NYSE: CLDR). Under the terms of the agreement, shareholders of Hortonworks will receive 1.305 shares of Cloudera common stock for each share of Hortonworks common stock.

If you own common stock of Hortonworks and purchased any shares before October 3, 2018, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242, by e-mail at info@rl-legal.com, or at https://www.rigrodskylong.com/offices-contact.

Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.

Attorney advertising. Prior results do not guarantee a similar outcome.

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