Company: Control4 Corporation
Deadline: June 21, 2019
Kaskela Law LLC is investigating Control4 Corporation (“Control4”) (NASDAQ: CTRL) in connection with the Company’s announcement that it would be acquired by SnapAV.
According to the announcement, Control4 stockholders are expected to receive $23.91 per share in cash for their Control4 shares. Notably, Control4’s shares traded at values in excess of $30.00 per share as recently as October 2018.
The investigation seeks to determine: (i) whether $23.91 per share represents adequate consideration for the Company’s shares; (ii) whether the Company’s executive officers and/or directors violated the securities laws or breached their fiduciary duties in connection with the transaction with SnapAV; and (iii) whether the Company’s shareholders are receiving all material information in connection with the transaction with SnapAV.
Control4 stockholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (888) 715 – 1740, or by completing the form on this page, to discuss this investigation and their legal rights and options with respect to this proposed transaction.