Lawsuit Overview
May 26, 2015 (Shareholders Foundation) - An investor, who currently holds shares of Cyan Inc (NYSE:CYNI), filed a lawsuit in effort to stop the proposed takeover of Cyan Inc by Ciena for a value of approximately $4.75 per share. The plaintiff alleges that the defendants breached their fiduciary duties owed to NYSE:CYNI stockholders by agreeing to sell Cyan Inc too cheaply via an unf...
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