NEW YORK, Aug. 23, 2019 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased Carbon Black, Inc. (“Carbon Black” or the “Company”) (NASDAQ: CBLK) stock prior to August 22, 2019.
You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Carbon Black to VMware, Inc. (“VMware”) (NYSE: VMW). Under the terms of the deal, VMware will acquire Carbon Black in an all cash transaction for $26 per share. To learn more about the action and your rights, go to:
The Carbon Black merger investigation concerns whether the Board of Carbon Black breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether VMware is underpaying for Carbon Black shares, thus unlawfully harming Carbon Black shareholders.
Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171