New Investigators Into Nimble Storage: Harwood Feffer …

Harwood Feffer LLP is investigating potential claims against the board of directors of Nimble Storage, Inc. concerning the proposed acquisition of the company by Hewlett Packard Enterprise Development LP.

Under the terms of the offer, HP would acquire Nimble in a transaction worth approximately $1.1 billion.  Pursuant to the terms of the transaction, Nimble shareholders would receive $12.50 per share in cash.

Our investigation concerns whether the Nimble board of directors is fulfilling its fiduciary duties, maximizing the value of the company, disclosing all material benefits and costs, and obtaining full and fair consideration for company stockholders.