ARUBA NETWORKS, INC. INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Aruba Networks, Inc. Over the Proposed Sale of the Company to Hewlett-Packard Company - ARUN
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Aruba Networks, Inc. (“Aruba” or the “Company”) (NASDAQ: ARUN) for potential breaches of fiduciary duties in connection with the sale of the Company to Hewlett-Packard Company for approximately $2.7 billion in cash. The Company’s stockholders will receive $24.67 for each share of Aruba common stock they own..
The investigation focuses on whether Aruba’s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of Aruba’s shareholders.
If you own common stock in Aruba and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330.
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Juan E. Monteverde
Faruqi & Faruqi, LLP
369 Lexington Avenue 10th Floor
New York, NY 10017
Tel: (212) 983-9330
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