Business Wire | Sep 7, 2021 06:50PM EDT

ADTRAN INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of ADTRAN, Inc. - ADTN

Sep. 07, 2021

NEW ORLEANS--(BUSINESS WIRE)--Sep. 07, 2021--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed merger of ADTRAN, Inc. (NasdaqGS: ADTN) with ADVA Optical Networking SE. Under the terms of the proposed transaction, ADTRAN shareholders will end up owning just 54% of the combined company. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-adtn/ to learn more.

Please note that the merger is structured as a tender offer, such that time may be of the essence.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

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CONTACT: Kahn Swick & Foti, LLC Lewis S. Kahn, Managing Partner, 855-768-1857 lewis.kahn@ksfcounsel.com