PR Newswire | Sep 28, 2020 01:17PM EDT

a Fair Price in its transaction with Ivanti, Inc.

09/28 12:16 CDT

Shareholder Alert: Ademi LLP Investigates whether MobileIron, Inc. has obtained a Fair Price in its transaction with Ivanti, Inc. MILWAUKEE, Sept. 28, 2020

MILWAUKEE, Sept. 28, 2020 /PRNewswire/ -- Ademi LLP is investigating MobileIron (Nasdaq: MOBL) for possible breaches of fiduciary duty and other violations of the law in connection with the sale to Ivanti.

Click here to learn how to join the action: http://ademilaw.com/case/mobileiron-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.

Ademi LLP alleges MobileIron's financial outlook is improving and yet shareholders will receive only $7.05 in cash per share. The merger agreement unreasonably limits competing bids for MobileIron by prohibiting solicitation of further bids, and imposing a termination penalty if MobileIron accepts a superior bid. MobileIron insiders will receive millions of dollars as part of change of control arrangements. We are investigating the conduct of MobileIron's board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for MobileIron.

If you own common stock in MobileIron and wish to obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, or http://ademilaw.com/case/mobileiron-inc.

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Ademi & O'Reilly, LLPGuri AdemiToll Free: (866) 264-3995Fax: (414) 482-8001

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SOURCE Ademi LLP