ChyronHego Corporation Shareholder Alert: Bernstein Liebhard LLP Announces Investigation of Acquisition by Vector Capital
November 18, 2014
Bernstein Liebhard LLP is investigating whether the Board of Directors of ChyronHego Corporation (“ChyronHego” or the “Company”) (NASDAQ: CHYR) breached its fiduciary duty to its shareholders in agreeing to sell ChyronHego to affiliates of Vector Capital.
Under the terms of the agreement, ChyronHego shareholders will receive $2.82 in cash for each share they own. The investigation is focused on the potential unfairness of the price to ChyronHego shareholders and the process by which the ChyronHego Board of Directors considered and approved the transaction.
Bernstein Liebhard LLP has pursued hundreds of securities, consumer and shareholder rights cases and recovered over $3 billion for its clients. It has been named to The National Law Journal’s “Plaintiffs’ Hot List” in each of the last twelve years.