New Suit - Securities

Proofpoint, an enterprise security company, 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.

Cybersecurity

June 18, 2021, 4:09 PM

nature of claim: 850/over alleged violations of federal securities laws