NEW YORK–(BUSINESS WIRE)–Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Cornerstone OnDemand, Inc. (NASDAQ: CSOD) to Clearlake Capital Group, L.P. for $57.50 per share in cash is fair to Cornerstone OnDemand shareholders.
Halper Sadeh encourages Cornerstone OnDemand shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.
The investigation concerns whether Cornerstone OnDemand and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Cornerstone OnDemand shareholders; (2) determine whether Clearlake is underpaying for Cornerstone OnDemand; and (3) disclose all material information necessary for Cornerstone OnDemand shareholders to adequately assess and value the merger consideration. On behalf of Cornerstone OnDemand shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh encourages Cornerstone OnDemand shareholders to click here to learn more about their legal rights and options 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.
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Contacts
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.comzhalper@halpersadeh.comhttps://www.halpersadeh.com