The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Sumo Logic, Inc. (“Sumo Logic” or “the Company”) (NASDAQ: SUMO) for potential breaches of fiduciary duty on the part of its directors and management in connection with the Company’s agreement to be acquired by investment firm Francisco Partners.
The investigation focuses on determining if the Sumo Logic Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether Francisco Partners is underpaying for the Company.
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We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at firstname.lastname@example.org.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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