Control4 Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Control4 Corporation is Fair to Shareholders CTRL

Globe Newswire 9-May-2019 12:12 PM

NEW YORK, May 09, 2019 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating whether the sale of Control4 Corporation ("Control4" or the "Company") (NASDAQ:CTRL) to SnapAV for $23.91 per share in cash is fair to Control4 shareholders.

If you are a Control4  shareholder and would like to discuss your legal rights and options, please visit Control4 Merger or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Control4 stock traded as high as $37.62 per share on September 14, 2018. The Control4 merger investigation concerns whether Control4 and its Board of Directors violated the federal securities laws and/or their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for Control4 shareholders; (2) determine whether SnapAV is underpaying for Control4; and (3) disclose all material information necessary for Control4 shareholders to adequately assess and value the merger consideration.

If you are a Control4 shareholder and would like to discuss your legal rights and options, please visit https://halpersadeh.com/actions/control4-merger-stock-SnapAV or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com