December 17, 2014
Bernstein Liebhard LLP is investigating whether the Board of Directors of Riverbed Technology, Inc. (“Riverbed Technology” or the “Company”) (NASDAQ: RVBD) breached its fiduciary duty to its shareholders in agreeing to sell Riverbed Technology to Thoma Bravo, LLC and Teachers’ Private Capital.
Under the terms of the agreement, Riverbed Technology shareholders will receive $21.00 in cash for each share they own. The investigation is focused on the potential unfairness of the price to Riverbed Technology shareholders and the process by which the Riverbed Technology Board of Directors considered and approved the transaction.
If you are interested in discussing your rights as a Riverbed Technology stockholder, with no obligation or cost to you, please contact U. Seth Ottensoser at (877) 779-1414 or Ottensoser@bernlieb.com.
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.