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Telenav Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Telenav, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – TNAV

·2 min read

Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Telenav, Inc. (NASDAQ: TNAV) to V99, Inc., a corporation led by HP Jin, Co-Founder, President, and Chief Executive Officer of Telenav, for $4.80 per share is fair to Telenav shareholders. On behalf of Telenav shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

If you are a Telenav shareholder and would like to discuss your legal rights and options, please visit Telenav Merger or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

The Telenav merger investigation concerns whether Telenav and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for Telenav shareholders; (2) determine whether V99 is underpaying for Telenav; and (3) disclose all material information necessary for Telenav shareholders to adequately assess and value the merger consideration.

If you are a Telenav shareholder and would like to discuss your legal rights and options, please visit https://halpersadeh.com/actions/telenav-inc-tnav-stock-merger/ or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.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.

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20201103005779/en/

Contacts

Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com