Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Barracuda Networks, Inc. (“Barracuda” or the “Company”) (NYSE:CUDA) concerning the proposed buyout of the Company by Thoma Bravo, LLC.
Under the terms of the agreement, Barracuda stockholders will receive $27.55 in cash for each share of Barracuda stock they own. At least one Wall Street analyst has a price target of $32.00 per share.
Our investigation concerns whether the Barracuda board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders.
If you own Barracuda shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Daniella Quitt, Esq.
Harwood Feffer LLP
488
Madison Avenue
New York, New York 10022
Phone Numbers: (877)
935-7400
(212) 935-7400
Email: dquitt@hfesq.com
Website:
http://www.hfesq.com
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Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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View source version on businesswire.com: http://www.businesswire.com/news/home/20171127005992/en/
Contacts:
Robert I. Harwood, Esq.
Daniella Quitt, Esq.
(877)
935-7400
(212) 935-7400
dquitt@hfesq.com
