Meru Networks (MERU) 1.62 $MERU
Pixelworks Announces Resignation of CEO Bruce Walicek
BusinessWire - Mon Feb 01, 4:05PM CST
--Provides Preliminary Fourth Quarter Results; Revenue of $13.5 million and GAAP Net Loss Per Share of $0.11
EMKR: 6.00 (-0.13), PXLW: 1.81 (-0.06), MOSY: 0.44 (-0.01), MERU: 1.62 (-0.01)
Enterprise Mobility Market - Global Industry Analysis 2015-2022 - Market was valued at US $ 86.36 Bn in 2014
M2 - Thu Oct 22, 6:44AM CDT
Research and Markets (http://www.researchandmarkets.com/research/fhlvxb/enterprise) has announced the addition of the "Enterprise Mobility Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2022" report to their offering. The overall enterprise mobility market was valued at US $ 86.36 Bn in 2014 The key drivers of the market include increased operational speed and efficiency gains for the enterprises and proliferation of handheld devices along with the rising trend of BYOD and CYOD policies. Enterprise mobility has wide applications across IT and telecommunication, BFSI, government and education, hospitality and retail and manufacturing and automotive sectors. Increased operational speed and efficiency gains is the prerequisite for enterprises. Enterprise mobility helps enterprises that are dependent on maintaining a complex web of assets and activities to keep their businesses running. For instance, the retail industry is dependent on multiple players in its supply chain. Whether the business is an e-commerce business or bricks and mortar business, fulfilment of the clients' requirements is must. In addition, in the healthcare industry, enterprise mobility applications for mobile care enable caregivers to collect data about the patients at their bedside and report it to a centralized location such as cloud or back office systems. This enables doctors to make quick diagnosis as well as make decisions with more speed and accuracy. Due to these advantages, the demand for enterprise mobility is expected to remain strong during the forecast period. However, device and data security risk is posing challenge to the market growth. Key Topics Covered: Chapter 1 Preface Chapter 2 Executive Summary Chapter 3 Global Enterprise Mobility Market Analysis Chapter 4 North America Enterprise Mobility Market Overview Chapter 5 Europe Enterprise Mobility Market Overview Chapter 6 Asia Pacific Enterprise Mobility Market Overview Chapter 7 Middle East and Africa Enterprise Mobility Market Overview Chapter 8 Latin America Enterprise Mobility Market Overview Chapter 9 Company Profiles - AT&T, Inc. - AirWatch, LLC - Alcatel-Lucent S.A. - Aruba Networks, Inc. - Avaya Inc. - BlackBerry, Ltd. - Cerner Corporation - Cisco Systems, Inc. - Citrix Systems, Inc. - Enterprise Mobile, Inc. - Globo PLC - Good Technology, Inc. - Hewlett-Packard Development Company Ltd. - IBM Corporation - International Business System - Meru Networks - Microsoft Corporation - MobileIron, Inc. - Nokia Corporation - Panasonic Corporation - SAP SE - SOTI Inc. - Symantec Corporation - Verizon Enterprise Solutions - iPass, Inc. For more information visit http://www.researchandmarkets.com/research/fhlvxb/enterprise
ALU: 3.46 (+0.03), ARUN: 24.67 (+0.02), HPQ: 12.34 (-0.61), CTXS: 81.96 (-4.39), NOK: 5.21 (-0.49), SYMC: 20.61 (-0.63), T: 41.74 (-0.14), IBM: 148.07 (-7.28), MSFT: 49.87 (-2.04), CERN: 55.45 (-1.44), CSCO: 27.90 (-1.32), MERU: 1.62 (-0.01)
Global Outdoor Wi-Fi Market 2015-2019 - Penetration of Internet-Enabled Mobile Devices a Key Market Driver
M2 - Mon Oct 05, 9:49AM CDT
Research and Markets (http://www.researchandmarkets.com/research/6hxt53/global_outdoor) has announced the addition of the "Global Outdoor Wi-Fi Market 2015-2019" report to their offering. The global outdoor Wi-Fi market to grow at a CAGR of 10.80 % over the period 2014-2019. The report, Global Outdoor Wi-Fi Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, EMEA, and APAC; it also covers the global outdoor Wi-Fi market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market. The increase in heterogeneous networks with Wi-Fi-capable small cell technology and the popularity of dual-band routers are expected to boost market growth. Heterogeneous networks and Wi-Fi-capable small cell technologies deliver high-speed Internet, catering the demands of smartphone, tablet, and PC users. According to the report, the adoption of Internet-enabled devices such as smartphones, tablets, and machine-to-machine (M2M) devices among consumers is increasing rapidly worldwide. With the help of these devices, consumers are able to watch videos, surf the Internet, browse social networking websites, and use location-based services. Further, the report states that the market is hindered by unlicensed spectrum. Unlicensed spectrum, which is equally available to all operators, interferes with the Wi-Fi networks of other users or devices operating on 2.4 GHz and 5 GHz bands. Key vendors - Aruba Networks (HP) - Cisco Systems - Juniper Networks - Ruckus Wireless - ZTE Other prominent vendors - 4ipnet - Aerohive Networks - Edgewater Wireless Systems - EION Wireless - Ericsson - Gemtek Technologies - GoNet Systems - Handlink Technologies - Huawei Technologies - Meru Networks (Fortinet) - NetComm Wireless - Netgear - Proxim Wireless - Tranzeo Wireless Technologies - Ubiquiti Networks - Wavion (Alvarion) - Xirrus For more information visit http://www.researchandmarkets.com/research/6h...al_outdoor
UBNT: 38.84 (-1.30), ARUN: 24.67 (+0.02), RKUS: 12.87 (+0.15), MERU: 1.62 (-0.01), JNPR: 22.76 (-1.28)
Meru Networks, a Fortinet Company, to Showcase Residence Hall Solutions at Campus Technology 2015 Conference
Marketwired - Thu Jul 23, 4:30PM CDT
Meru Networks®, a Fortinet® (NASDAQ: FTNT) company and a leader in intelligent Wi-Fi networking, today announced that the Meru Education-Grade (MEG(TM)) wireless platform will be showcased at the Campus Technology 2015 conference at the Hynes Convention Center in Boston from July 27 - 30. The MEG platform helps campuses avoid interrupted learning -- halted due to inadequate wireless connectivity -- providing ubiquitous learning environments by meeting and exceeding Wi-Fi expectations throughout the campus and especially residence halls.
FTNT: 31.87 (-2.45), MERU: 1.62 (-0.01)
Fortinet closes acquisition of Meru Networks
M2 - Thu Jul 09, 7:43AM CDT
Fortinet (NASDAQ: FTNT), the global leader in high-performance cyber security solutions, has announced it has closed the acquisition of Meru Networks (NASDAQ:MERU), a leader in intelligent Wi-Fi networking. With the close of this acquisition, Fortinet expands on its secure wireless vision and enterprise growth focus, broadens the company's solutions portfolio, and expands its opportunity to uniquely address the $5B global enterprise Wi-Fi market with integrated and intelligent secure wireless solutions.
FTNT: 31.87 (-2.45), MERU: 1.62 (-0.01)
WeissLaw LLP: Meru Networks, Inc. Sale Under Legal Investigation
PR Newswire - Mon Jun 01, 2:30PM CDT
The fairness to shareholders of Meru Networks, Inc.'s ("MERU" or the "Company"
sale to Fortinet Inc. ("FTNT" is being investigated by WeissLaw LLP. The investigation focuses on possible breaches of fiduciary duty and other violations of law by the Board of Directors of MERU. On May 27, 2015, FTNT agreed to acquire MERU for $44 million. Under the agreement, MERU shareholders will receive $1.63 in cash for each MERU share they own.
FTNT: 31.87 (-2.45), MERU: 1.62 (-0.01)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Meru Networks, Inc. of Commencement of an Investigation Concerning the Fairness of the Sale of the Company to Fortinet
BusinessWire - Fri May 29, 10:57AM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
FTNT: 31.87 (-2.45), MERU: 1.62 (-0.01)
SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Meru Networks, Inc. And Encourages Investors To Contact The Firm For Additional Information
PR Newswire - Thu May 28, 6:00PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Meru Networks, Inc. ("Meru" or the "Company" (NasdaqGM: MERU) relating to the proposed buyout of the Company by Fortinet, Inc.
MERU: 1.62 (-0.01)
MERU NETWORKS, INC. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to Fortinet Inc.
BusinessWire - Thu May 28, 12:09PM CDT
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Meru Networks, Inc. ("Meru" (NASDAQ: MERU) concerning the sale to Fortinet Inc. Under the terms of the agreement, Meru shareholders will only receive $1.63 in cash for each share owned, which is virtually no premium over the 52-week high and significantly lower than at least one analyst's estimated value of $4.00 per share.
FTNT: 31.87 (-2.45), MERU: 1.62 (-0.01)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Meru Networks, Inc. of Commencement of an Investigation Concerning the Fairness of the Sale of the Company to Fortinet -- MERU
PR Newswire - Thu May 28, 11:28AM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
FTNT: 31.87 (-2.45), MERU: 1.62 (-0.01)
Ryan & Maniskas, LLP Investigation of Meru Networks, Inc.
PR Newswire - Thu May 28, 10:04AM CDT
Ryan & Maniskas, LLP is investigating potential claims against the board of directors of Meru Networks, Inc. ("Meru" or the "Company" (NASDAQ: MERU) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Fortinet, Inc. in a transaction valued at approximately $44 million.
FTNT: 31.87 (-2.45), MERU: 1.62 (-0.01)
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Meru Networks, Inc. -MERU
PR Newswire - Wed May 27, 9:10PM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Meru Networks, Inc. ("Meru Networks" or "the Company" (Nasdaq -MERU-News) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Fortinet Inc. ("Fortinet" .
FTNT: 31.87 (-2.45), MERU: 1.62 (-0.01)
MERU NETWORKS INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Meru Networks, Inc.
PR Newswire - Wed May 27, 8:16PM CDT
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF" are investigating the proposed sale of Meru Networks, Inc. ("Meru" or the "Company" (NASDAQ: MERU) to Fortinet, Inc. (NASDAQ: FTNT). Under the terms of the proposed transaction, shareholders of Meru will receive only $1.63 in cash for each share of Meru that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
FTNT: 31.87 (-2.45), MERU: 1.62 (-0.01)
Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Meru Networks, Inc. Stockholders
BusinessWire - Wed May 27, 5:16PM CDT
Kirby McInerney LLP is investigating potential claims against the Board of Directors of Meru Networks, Inc. ("Meru" or the "Company" (NASDAQ:MERU) concerning the proposed acquisition of the Company by Fortinet, Inc. Pursuant to the terms of the definitive agreement, Meru stockholders will receive $1.63 in cash for each share of Meru common stock they own.
MERU: 1.62 (-0.01)
Tiffany and Michael Kors are big market movers
AP - Wed May 27, 3:34PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:
HYGS: 7.20 (-0.16), ABX.TO: 26.42 (+1.73), ABX: 20.37 (+1.02), CHTR: 217.59 (-7.28), HYG.TO: 9.38 (+0.04), TIF: 59.76 (-2.87), DSW: 21.15 (+0.02), WDAY: 75.13 (-5.20), CYRN: 1.81 (-0.01), TWC: 209.56 (-0.44), CTRP: 39.55 (-1.10), FTNT: 31.87 (-2.45), SFXE: 0.01 (-0.02), AAPL: 93.70 (-2.40), MERU: 1.62 (-0.01)
MERU SHAREHOLDER ALERT: The Law Offices of Vincent Wong Launches an Investigation of the Board of Directors of Meru Networks, Inc. Concerning the Sale of the Company to Fortinet
BusinessWire - Wed May 27, 3:18PM CDT
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Meru Networks (NASDAQ:MERU) ("Meru Networks" or "the Company" in connection with the sale of the Company to Fortinet (NASDAQ:FTNT).
FTNT: 31.87 (-2.45), MERU: 1.62 (-0.01)
Pixelworks Announces Resignation of CEO Bruce Walicek
BusinessWire - Mon Feb 01, 4:05PM CST
--Provides Preliminary Fourth Quarter Results; Revenue of $13.5 million and GAAP Net Loss Per Share of $0.11
EMKR: 6.00 (-0.13), PXLW: 1.81 (-0.06), MOSY: 0.44 (-0.01), MERU: 1.62 (-0.01)
Enterprise Mobility Market - Global Industry Analysis 2015-2022 - Market was valued at US $ 86.36 Bn in 2014
M2 - Thu Oct 22, 6:44AM CDT
Research and Markets (http://www.researchandmarkets.com/research/fhlvxb/enterprise) has announced the addition of the "Enterprise Mobility Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2022" report to their offering. The overall enterprise mobility market was valued at US $ 86.36 Bn in 2014 The key drivers of the market include increased operational speed and efficiency gains for the enterprises and proliferation of handheld devices along with the rising trend of BYOD and CYOD policies. Enterprise mobility has wide applications across IT and telecommunication, BFSI, government and education, hospitality and retail and manufacturing and automotive sectors. Increased operational speed and efficiency gains is the prerequisite for enterprises. Enterprise mobility helps enterprises that are dependent on maintaining a complex web of assets and activities to keep their businesses running. For instance, the retail industry is dependent on multiple players in its supply chain. Whether the business is an e-commerce business or bricks and mortar business, fulfilment of the clients' requirements is must. In addition, in the healthcare industry, enterprise mobility applications for mobile care enable caregivers to collect data about the patients at their bedside and report it to a centralized location such as cloud or back office systems. This enables doctors to make quick diagnosis as well as make decisions with more speed and accuracy. Due to these advantages, the demand for enterprise mobility is expected to remain strong during the forecast period. However, device and data security risk is posing challenge to the market growth. Key Topics Covered: Chapter 1 Preface Chapter 2 Executive Summary Chapter 3 Global Enterprise Mobility Market Analysis Chapter 4 North America Enterprise Mobility Market Overview Chapter 5 Europe Enterprise Mobility Market Overview Chapter 6 Asia Pacific Enterprise Mobility Market Overview Chapter 7 Middle East and Africa Enterprise Mobility Market Overview Chapter 8 Latin America Enterprise Mobility Market Overview Chapter 9 Company Profiles - AT&T, Inc. - AirWatch, LLC - Alcatel-Lucent S.A. - Aruba Networks, Inc. - Avaya Inc. - BlackBerry, Ltd. - Cerner Corporation - Cisco Systems, Inc. - Citrix Systems, Inc. - Enterprise Mobile, Inc. - Globo PLC - Good Technology, Inc. - Hewlett-Packard Development Company Ltd. - IBM Corporation - International Business System - Meru Networks - Microsoft Corporation - MobileIron, Inc. - Nokia Corporation - Panasonic Corporation - SAP SE - SOTI Inc. - Symantec Corporation - Verizon Enterprise Solutions - iPass, Inc. For more information visit http://www.researchandmarkets.com/research/fhlvxb/enterprise
ALU: 3.46 (+0.03), ARUN: 24.67 (+0.02), HPQ: 12.34 (-0.61), CTXS: 81.96 (-4.39), NOK: 5.21 (-0.49), SYMC: 20.61 (-0.63), T: 41.74 (-0.14), IBM: 148.07 (-7.28), MSFT: 49.87 (-2.04), CERN: 55.45 (-1.44), CSCO: 27.90 (-1.32), MERU: 1.62 (-0.01)
Global Outdoor Wi-Fi Market 2015-2019 - Penetration of Internet-Enabled Mobile Devices a Key Market Driver
M2 - Mon Oct 05, 9:49AM CDT
Research and Markets (http://www.researchandmarkets.com/research/6hxt53/global_outdoor) has announced the addition of the "Global Outdoor Wi-Fi Market 2015-2019" report to their offering. The global outdoor Wi-Fi market to grow at a CAGR of 10.80 % over the period 2014-2019. The report, Global Outdoor Wi-Fi Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, EMEA, and APAC; it also covers the global outdoor Wi-Fi market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market. The increase in heterogeneous networks with Wi-Fi-capable small cell technology and the popularity of dual-band routers are expected to boost market growth. Heterogeneous networks and Wi-Fi-capable small cell technologies deliver high-speed Internet, catering the demands of smartphone, tablet, and PC users. According to the report, the adoption of Internet-enabled devices such as smartphones, tablets, and machine-to-machine (M2M) devices among consumers is increasing rapidly worldwide. With the help of these devices, consumers are able to watch videos, surf the Internet, browse social networking websites, and use location-based services. Further, the report states that the market is hindered by unlicensed spectrum. Unlicensed spectrum, which is equally available to all operators, interferes with the Wi-Fi networks of other users or devices operating on 2.4 GHz and 5 GHz bands. Key vendors - Aruba Networks (HP) - Cisco Systems - Juniper Networks - Ruckus Wireless - ZTE Other prominent vendors - 4ipnet - Aerohive Networks - Edgewater Wireless Systems - EION Wireless - Ericsson - Gemtek Technologies - GoNet Systems - Handlink Technologies - Huawei Technologies - Meru Networks (Fortinet) - NetComm Wireless - Netgear - Proxim Wireless - Tranzeo Wireless Technologies - Ubiquiti Networks - Wavion (Alvarion) - Xirrus For more information visit http://www.researchandmarkets.com/research/6h...al_outdoor
UBNT: 38.84 (-1.30), ARUN: 24.67 (+0.02), RKUS: 12.87 (+0.15), MERU: 1.62 (-0.01), JNPR: 22.76 (-1.28)
Meru Networks, a Fortinet Company, to Showcase Residence Hall Solutions at Campus Technology 2015 Conference
Marketwired - Thu Jul 23, 4:30PM CDT
Meru Networks®, a Fortinet® (NASDAQ: FTNT) company and a leader in intelligent Wi-Fi networking, today announced that the Meru Education-Grade (MEG(TM)) wireless platform will be showcased at the Campus Technology 2015 conference at the Hynes Convention Center in Boston from July 27 - 30. The MEG platform helps campuses avoid interrupted learning -- halted due to inadequate wireless connectivity -- providing ubiquitous learning environments by meeting and exceeding Wi-Fi expectations throughout the campus and especially residence halls.
FTNT: 31.87 (-2.45), MERU: 1.62 (-0.01)
Fortinet closes acquisition of Meru Networks
M2 - Thu Jul 09, 7:43AM CDT
Fortinet (NASDAQ: FTNT), the global leader in high-performance cyber security solutions, has announced it has closed the acquisition of Meru Networks (NASDAQ:MERU), a leader in intelligent Wi-Fi networking. With the close of this acquisition, Fortinet expands on its secure wireless vision and enterprise growth focus, broadens the company's solutions portfolio, and expands its opportunity to uniquely address the $5B global enterprise Wi-Fi market with integrated and intelligent secure wireless solutions.
FTNT: 31.87 (-2.45), MERU: 1.62 (-0.01)
WeissLaw LLP: Meru Networks, Inc. Sale Under Legal Investigation
PR Newswire - Mon Jun 01, 2:30PM CDT
The fairness to shareholders of Meru Networks, Inc.'s ("MERU" or the "Company"
sale to Fortinet Inc. ("FTNT" is being investigated by WeissLaw LLP. The investigation focuses on possible breaches of fiduciary duty and other violations of law by the Board of Directors of MERU. On May 27, 2015, FTNT agreed to acquire MERU for $44 million. Under the agreement, MERU shareholders will receive $1.63 in cash for each MERU share they own. FTNT: 31.87 (-2.45), MERU: 1.62 (-0.01)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Meru Networks, Inc. of Commencement of an Investigation Concerning the Fairness of the Sale of the Company to Fortinet
BusinessWire - Fri May 29, 10:57AM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
FTNT: 31.87 (-2.45), MERU: 1.62 (-0.01)
SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Meru Networks, Inc. And Encourages Investors To Contact The Firm For Additional Information
PR Newswire - Thu May 28, 6:00PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Meru Networks, Inc. ("Meru" or the "Company"
(NasdaqGM: MERU) relating to the proposed buyout of the Company by Fortinet, Inc. MERU: 1.62 (-0.01)
MERU NETWORKS, INC. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to Fortinet Inc.
BusinessWire - Thu May 28, 12:09PM CDT
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Meru Networks, Inc. ("Meru"
(NASDAQ: MERU) concerning the sale to Fortinet Inc. Under the terms of the agreement, Meru shareholders will only receive $1.63 in cash for each share owned, which is virtually no premium over the 52-week high and significantly lower than at least one analyst's estimated value of $4.00 per share. FTNT: 31.87 (-2.45), MERU: 1.62 (-0.01)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Meru Networks, Inc. of Commencement of an Investigation Concerning the Fairness of the Sale of the Company to Fortinet -- MERU
PR Newswire - Thu May 28, 11:28AM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
FTNT: 31.87 (-2.45), MERU: 1.62 (-0.01)
Ryan & Maniskas, LLP Investigation of Meru Networks, Inc.
PR Newswire - Thu May 28, 10:04AM CDT
Ryan & Maniskas, LLP is investigating potential claims against the board of directors of Meru Networks, Inc. ("Meru" or the "Company"
(NASDAQ: MERU) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Fortinet, Inc. in a transaction valued at approximately $44 million. FTNT: 31.87 (-2.45), MERU: 1.62 (-0.01)
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Meru Networks, Inc. -MERU
PR Newswire - Wed May 27, 9:10PM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Meru Networks, Inc. ("Meru Networks" or "the Company"
(Nasdaq -MERU-News) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Fortinet Inc. ("Fortinet" . FTNT: 31.87 (-2.45), MERU: 1.62 (-0.01)
MERU NETWORKS INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Meru Networks, Inc.
PR Newswire - Wed May 27, 8:16PM CDT
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF"
are investigating the proposed sale of Meru Networks, Inc. ("Meru" or the "Company" (NASDAQ: MERU) to Fortinet, Inc. (NASDAQ: FTNT). Under the terms of the proposed transaction, shareholders of Meru will receive only $1.63 in cash for each share of Meru that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. FTNT: 31.87 (-2.45), MERU: 1.62 (-0.01)
Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Meru Networks, Inc. Stockholders
BusinessWire - Wed May 27, 5:16PM CDT
Kirby McInerney LLP is investigating potential claims against the Board of Directors of Meru Networks, Inc. ("Meru" or the "Company"
(NASDAQ:MERU) concerning the proposed acquisition of the Company by Fortinet, Inc. Pursuant to the terms of the definitive agreement, Meru stockholders will receive $1.63 in cash for each share of Meru common stock they own. MERU: 1.62 (-0.01)
Tiffany and Michael Kors are big market movers
AP - Wed May 27, 3:34PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:
HYGS: 7.20 (-0.16), ABX.TO: 26.42 (+1.73), ABX: 20.37 (+1.02), CHTR: 217.59 (-7.28), HYG.TO: 9.38 (+0.04), TIF: 59.76 (-2.87), DSW: 21.15 (+0.02), WDAY: 75.13 (-5.20), CYRN: 1.81 (-0.01), TWC: 209.56 (-0.44), CTRP: 39.55 (-1.10), FTNT: 31.87 (-2.45), SFXE: 0.01 (-0.02), AAPL: 93.70 (-2.40), MERU: 1.62 (-0.01)
MERU SHAREHOLDER ALERT: The Law Offices of Vincent Wong Launches an Investigation of the Board of Directors of Meru Networks, Inc. Concerning the Sale of the Company to Fortinet
BusinessWire - Wed May 27, 3:18PM CDT
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Meru Networks (NASDAQ:MERU) ("Meru Networks" or "the Company"
in connection with the sale of the Company to Fortinet (NASDAQ:FTNT). FTNT: 31.87 (-2.45), MERU: 1.62 (-0.01)
