SUMO Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Sumo Logic, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Sumo Logic, Inc. (NASDAQ: SUMO) to affiliates of Francisco Partners for $12.05 per share in cash is fair to Sumo shareholders.

Halper Sadeh encourages Sumo shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at [phone] or [e-mail] or [e-mail].

The investigation concerns whether Sumo and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Sumo shareholders; (2) determine whether Francisco Partners is underpaying for Sumo; and (3) disclose all material information necessary for Sumo shareholders to adequately assess and value the merger consideration. On behalf of Sumo shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Halper Sadeh encourages Sumo shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at [phone] or [e-mail] or [e-mail].

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.