Cyber Security Company NortonLifeLock's Bid to Acquire Avast Sparks Securities Lawsuit
This suit was surfaced by Law.com Radar. Read the complaint here.
October 29, 2021 at 01:44 PM
1 minute read
Securities LitigationNortonLifeLock, a cybersecurity software and services company, and company executives were hit with a securities lawsuit regarding its attempt to acquire software company Avast Thursday in Pennsylvania Eastern District Court. The court case was brought by Grabar Law Office and C.O. Law on behalf of Leo Shumacher, a stockholder of defendant who alleges that NortonLifeLock's proxy statement concerning the acquisition are false and misleading. Counsel have not yet appeared for the defendants. The case is 2:21-cv-04741, Shumacher v. NortonLifeLock Inc. et al.
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