BALA CYNWYD, Pa., March 2, 2015 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Aruba Networks,
Inc. ("Aruba Networks" or "the Company") (Nasdaq-ARUN-News) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to Hewlett-Packard
Company. ("Hewlett-Packard").
Click here to learn more about the investigation
http://brodsky-smith.com/897-arun-aruba-networks-inc.html, or call:
877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Aruba Networks shareholders
will receive only $24.67 in cash for
each share of Aruba Networks stock they own. The investigation
concerns whether the Board of Aruba Networks breached their
fiduciary duties to stockholders by failing to adequately shop the
Company before agreeing to enter into this transaction, and whether
Hewlett-Packard is underpaying for Aruba Networks. The transaction
may undervalue Aruba Networks and will result in loss or no real
gain for many Aruba Networks shareholders. For example, Aruba
Network stock traded at $23.63 per
share as recently as September 11,
2014 and traded at $35.92 per
share on April 29, 2011. In addition,
an analyst has set a $34.00 per share
price target for Aruba Networks stock.
If you own shares of Aruba Network stock and wish to discuss the
legal ramifications of the investigation, or have any
questions, you may e-mail or call the law office of Brodsky &
Smith, LLC who will, without obligation or cost to you, attempt to
answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith,
LLC, Two Bala Plaza, Suite 510, Bala
Cynwyd, PA 19004, visiting
http://brodsky-smith.com/897-arun-aruba-networks-inc.html, or
calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and class action lawsuits. The attorneys at Brodsky
& Smith have been appointed by numerous courts throughout the
country to serve as lead counsel in class actions and have
successfully recovered millions of dollars for our clients and
shareholders. Attorney advertising. Prior results do not guarantee
a similar outcome.
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SOURCE Brodsky & Smith, LLC