Herman Jones LLP is Investigating Claims for Investors Who May Have Been Harmed by Switch’s Possible False/Misleading Statements Concerning a Proposed Merger
ATLANTA, GEORGIA, UNITED STATES, June 29, 2022 /EINPresswire.com/ — A lawsuit, styled Denise Redfield v. Switch, Inc., et al. (Case No. 1:22-cv-05518), was recently filed in federal court in the Southern District of New York against Switch for violations of the Securities Act of 1934 in relation to a proxy statement regarding the acquisition of all outstanding common shares of Switch for $34.25 per share by DigitalBridge Group, Inc., through DigitalBridge Partners II. According to this Complaint, Switch failed to make critical disclosures concerning, among other things, financial projections and data analysis material to the acquisition, which caused the proxy statement filed with the United States Securities and Exchange Commission and disseminated to Switch’s stockholders to be false or misleading.
Herman Jones LLP (www.hermanjones.com) is investigating potential claims on behalf of Switch, Inc. (NASDAQ: SWCH) against certain of its officers and directors relating to the allegations set forth in the lawsuit.
IF YOU HAVE CONTINUOUSLY OWNED SWITCH, INC. SHARES SINCE SEPTEMBER 2021 AND WOULD LIKE TO BE INVOLVED, PLEASE CONTACT HERMAN JONES LLP AT THE CONTACT INFORMATION BELOW.
IF YOU ARE A CURRENT, LONG-TERM SHAREHOLDER OF SWITCH, INC. SHARES, AND HAVE CONTINUOUSLY HELD SINCE AT LEAST SEPTEMBER 2021, you may have standing to hold Switch, Inc. harmless from the alleged harm caused by the Company’s officers and directors by making them personally responsible. You may also be able to assist in reforming the Company’s corporate governance to assure compliance and prevent future wrongdoing.
IF YOU ARE INTERESTED IN LEARNING MORE ABOUT THE INVESTIGATION, PLEASE CONTACT US AT THE INFORMATION BELOW. IF EMAILING, PLEASE INCLUDE A PHONE NUMBER.
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Herman Jones LLP (www.hermanjones.com) is a nationally recognized high stakes litigation law firm with offices in Atlanta, Newark and Seattle. Herman Jones LLP represents individual and institutional investors in shareholder derivative and securities class action lawsuits, in addition to antitrust, intellectual property, consumer class actions and venture fund transactional work. Herman Jones LLP regularly assists clients in recovering losses resulting from violations of federal securities laws. For more information about the firm and its attorneys, please visit http://www.hermanjones.com. Attorney advertising. Past results do not guarantee future outcomes.