Baystreet Staff -

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Red Hat, Inc. - RHT

[ACCESSWIRE]

RADNOR, PA / ACCESSWIRE / December 10, 2018 / Kaskela Law LLC is investigating Red Hat, Inc. ("Red Hat" or the "Company") (NASDAQ: RHT) concerning the Company's proposed acquisition by IBM.

Click here for more information: http://kaskelalaw.com/case/red-hat-inc/.

On November 30, 2018, Red Hat filed a preliminary proxy statement with the U.S. Securities and Exchange Commission ("SEC") to provide certain details and disclosures about the proposed transaction with IBM.

The investigation seeks to determine whether Red Hat and its Board of Directors violated the securities laws and/or breached their fiduciary duties to the Company's stockholders by (i) failing to conduct a fair sales process of the Company and (ii) failing to disclose all material information to shareholders in connection with the Company's upcoming stockholder meeting.

If you own Red Hat common stock and wish to obtain additional information about this investigation, please visit http://kaskelalaw.com/case/red-hat-inc/ or contact D. Seamus Kaskela, Esq. at (484) 258 – 1585, or by email at [email protected].

Kaskela Law LLC exclusively represents investors in stockholder-related matters in state and federal actions throughout the country. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.

CONTACT:

D. Seamus Kaskela, Esq.
KASKELA LAW LLC

201 King of Prussia Road
Suite 650
Radnor, PA 19087
(484) 258 - 1585
(888) 715 - 1740
[email protected]

www.kaskelalaw.com

This notice may constitute attorney advertising in certain jurisdictions.

SOURCE: Kaskela Law LLC