RM LAW Announces Investigation of Acacia Communications, Inc.

BERWYN, Pa., July 16, 2019 /PRNewswire/ -- RM LAW, P.C. is investigating potential claims against the board of directors of Acacia Communications, Inc. ("Acacia" or the "Company") (NASDAQ: ACIA) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by Cisco Systems, Inc. in a transaction valued at approximately $2.6 billion.

If you own shares of Acacia and would like to learn more about this class action or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (844) 291-9299 or to sign up online, click here.  You may also email Mr. Maniskas at [email protected].  

Under the terms of the agreement, shareholders of Acacia will receive $70.00 in cash for each share of Acacia common stock owned.

Our investigation concerns possible breaches of fiduciary duty and other violations of state law by the board of directors of Acacia for not acting in the Company's shareholders' best interests in connection with the sale process. 

For more information regarding this, please contact RM LAW, P.C.  (Richard A. Maniskas, Esquire) toll-free at (844) 291-9299 or by email at [email protected] or click here.   For more information about class action cases in general or to learn more about RM LAW, P.C. please visit our website by clicking here. 

RM LAW, P.C. is a national shareholder litigation firm.  RM LAW, P.C. is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.  To learn more about the class action process, please click here. 

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SOURCE RM LAW, P.C.