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… And Former Attorney General of Louisiana and Kahn Swick & Foti

Adequacy of price and process in proposed sale of Nimble Storage

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC are investigating the proposed sale of Nimble Storage, Inc. to Hewlett Packard Enterprise Development LP.

Under the terms of the proposed transaction, shareholders of Nimble will receive only $12.50 in cash for each share of Nimble that they own.

KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the company.

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