NEW YORK, July 20, 2021 (GLOBE NEWSWIRE) – Bragar Eagel & Squire, PC, a nationally recognized law firm, has launched an investigation to determine whether officers or directors of Five9, Inc. (NASDAQ: FIVN) have violated their fiduciary duties or violated federal securities laws in connection with the company’s proposed merger with Zoom Video Communications, Inc. (NASDAQ: ZM).
Click here to learn more and get in on the action.
On July 18, 2021, Five9 announced that it had entered into a merger deal with Zoom in a deal valued at $ 14.7 billion. Pursuant to the merger agreement, Five9 shareholders will receive 0.5533 Zoom common share for each Five9 common share held. The agreement is expected to be finalized in the first half of 2022.
Bragar Eagel & Squire is concerned that Five9’s board oversaw an unfair process and ultimately agreed to an inadequate merger deal. As a result, the company is investigating all relevant aspects of the transaction and is committed to achieving the best possible outcome for Five9 shareholders.
If you own shares of Five9 and are concerned about the proposed merger, or would like to know more about the investigation or your legal rights and remedies, please contact Melissa Fortunato or Alexandra Raymond by email at [email protected] or by phone at (646) 860-9157, or by filling out this contact form. There is no cost or obligation for you.
About Bragar Eagel & Squire, PC:
Bragar Eagel & Squire, PC is a nationally recognized law firm with offices in New York City, California and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivatives and other complex litigation in state and federal courts across the country. For more information about the company, please visit www.bespc.com. Lawyer advertising. Past results do not guarantee similar results.
Bragar Eagel & Squire, PC
Melissa Fortunato, Esq.
Alexandra Raymond, Esq.