Cybersecurity Firm Proofpoint Hit With Shareholder Suit Over Proposed Thoma Bravo Acquisition
This suit was surfaced by Law.com Radar. Read the complaint here.
June 18, 2021 at 04:50 PM
1 minute read
Securities Litigation
Cybersecurity Proofpoint and its board of directors were slapped with a shareholder lawsuit Friday in New York Southern District Court over the company's proposed acquisition by private equity firm Thoma Bravo. The case was filed by Ademi LLP and Monteverde & Associates on behalf of Micah King. Counsel have not yet appeared for the defendants. The case is 1:21-cv-05398, King v. Proofpoint, Inc. et al.
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