newsfilter
← Latest News
GlobeNewswire·

VRNS Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Sale of Varonis to Proofpoint

  • Wohl & Fruchter LLP is investigating the fairness of the proposed $49.75 per share cash sale of Varonis Systems Inc. to Proofpoint Inc.
  • The sale price falls below Varonis's 52-week high of $63.80 & multiple Wall Street analyst price targets ranging from $55.00 to $60.00.
  • Analysts whose targets exceed the sale price include Joseph Gallo, Rob Owens, Shaul Eyal, Erik Suppiger, & Mike Cikos.
  • The law firm is examining whether the Varonis Board acted in shareholders' best interests & whether all material transaction information was fully disclosed.
  • Varonis shareholders may contact the firm via phone, email, or website link to discuss their legal rights at no charge.
  • Wohl & Fruchter LLP has over a decade of experience representing investors in fraud & corporate misconduct litigation.