STOCKHOLDER ALERT: Kaskela Law LLC Announces Stockholder Investigation of LogMeIn, Inc. – LOGM

PHILADELPHIA, PA / ACCESSWIRE / January 21, 2020 / Kaskela Law LLC announces that it is investigating LogMeIn, Inc. (NASDAQ:LOGM) on behalf of the company's shareholders.

On December 17, 2019, LogMeIn announced that it had entered into an agreement to be acquired by affiliates of private equity firm Francisco Partners at a price of $86.05 per share in cash. Following the closing of the proposed transaction, LogMeIn will cease to be a publicly traded company.

The investigation seeks to determine whether LogMeIn shareholders are expected to receive adequate consideration for their shares, and if LogMeIn's officers and/or directors violated the securities laws or breached their fiduciary duties in connection with the sale of LogMeIn to Francisco Partners.

LogMeIn shareholders are encouraged to contact Kaskela Law LLC (David Seamus Kaskela, Esq.) at (888) 715 – 1740, or via email at skaskela@kaskelalaw.com, to discuss this investigation and their legal rights and options with respect to this transaction. Additional information may also be found at http://kaskelalaw.com/case/logmein-inc/.

Kaskela Law LLC represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com. This notice may constitute attorney advertising in certain jurisdictions.

CONTACT:

D. Seamus Kaskela, Esq.
KASKELA LAW LLC
18 Campus Boulevard, Suite 100
Newtown Square, PA 19073
(484) 258 – 1585
(888) 715 – 1740
www.kaskelalaw.com
skaskela@kaskelalaw.com

SOURCE: Kaskela Law LLC

ReleaseID: 573687