MILWAUKEE, Aug. 22, 2019 /PRNewswire/ -- Ademi & O'Reilly, LLP is investigating Pivotal (PVTL) for possible breaches of fiduciary duty and other violations of the law in connection with the sale of Pivotal to VMware.
Click here to learn how to join the action: http://ademilaw.com/case/pivotal-software-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
Ademi & O'Reilly, LLP alleges Pivotal's financial outlook is improving and yet shareholders will receive only $15 for each share of Pivotal common stock they own. VMware is acquiring Pivotal at a substantial discount. The merger agreement unreasonably limits competing bids for Pivotal by prohibiting solicitation of further bids, and imposing a termination penalty if Pivotal accepts a superior bid. Pivotal insiders will receive millions of dollars as part of change of control arrangements. We are investigating on the conduct of Pivotal'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 Pivotal.
If you own common stock in Pivotal and wish to obtain additional information, please contact Guri Ademi either at firstname.lastname@example.org or toll-free: 866-264-3995, or http://ademilaw.com/case/pivotal-software-inc.
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.
Ademi & O'Reilly, LLP
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