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Ping Stock Alert: Halper Sadeh LLP Is Investigating Whether the Sale of Ping Identity Holding Corp. Is Fair to Shareholders

By: Halper Sadeh LLP via Business Wire
August 03, 2022 at 08:09 AM EDT

Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of Ping Identity Holding Corp. (NYSE: PING) to Thoma Bravo $28.50 per share is fair to Ping shareholders.

Halper Sadeh encourages Ping shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

The investigation concerns whether Ping 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 Ping shareholders; (2) determine whether Thoma Bravo is underpaying for Ping; and (3) disclose all material information necessary for Ping shareholders to adequately assess and value the merger consideration. On behalf of Ping shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Halper Sadeh encourages Ping shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Halper Sadeh LLP 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220803005607/en/

Contacts

Halper Sadeh LLP

Daniel Sadeh, Esq.

Zachary Halper, Esq.

(212) 763-0060

sadeh@halpersadeh.com

zhalper@halpersadeh.com

https://www.halpersadeh.com

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