Faruqi and Faruqui, LLP Logo
Share this page

Gigamon Inc. (GIMO)



Faruqi & Faruqi, LLP Announces Filing of a Class Action Lawsuit Against Gigamon Inc.

Notice is hereby given that Faruqi & Faruqi, LLP has filed a class action lawsuit in the United States District Court for the Northern District of California, case No. 3:17-cv-06653, on behalf of shareholders of Gigamon Inc. (“Gigamon” or the “Company”) (NYSE:GIMO) who have been harmed by Gigamon’s and its board of directors’ (the “Board”) alleged violations of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) in connection with  the proposed merger of the Company with Elliott Management Corporation (“Elliott”).

On October 26, 2017, Gigamon and Elliott jointly announced they had entered into an Agreement and Plan of Merger (“Proposed Merger”) under which each outstanding share of Gigamon common stock will be exchanged for $38.50 in cash (the “Merger Consideration”), for a total value of approximately $1.6 billion.

The complaint alleges that the Preliminary Proxy Statement on a Schedule 14A (the “Proxy”) filed with the Securities and Exchange Commission (“SEC”) on November 13, 2017, violates Sections 14(a) and 20(a) of the Exchange Act because it provides materially incomplete and misleading information about the Company and the Proposed Merger, including information concerning the Company’s financial projections and analysis, on which the Board relied to recommend the Proposed Merger as fair to Gigamon shareholders.

Contact Counsel

Nadeem Faruqi
James M. Wilson, Jr.
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330


Case Details


  • 12/07/2017

Send Information

If you have information regarding this case that you would like to make available, please click here to contact us about our investigation.