Lawsuit Overview
An investor, who currently holds shares of Gigamon Inc (NYSE:GIMO), filed a lawsuit in effort to halt the proposed takeover Gigamon Inc. by Elliott. The plaintiff alleges that the defendants breached their fiduciary duties owed to NYSE:GIMO stockholders by agreeing to sell Gigamon Inc cheaply via an unfair process to Elliott. On Oct. 26, 2017, Gigamon Inc (NYSE:GIMO) announced that ...
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