PR Newswire | Jan 7, 2021 04:16PM EST

ELY; Shareholders Are Encouraged to Contact the Firm

01/07 15:16 CST

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates PNM, RNET, IPHI, TNAV, ELY; Shareholders Are Encouraged to Contact the Firm NEW YORK, Jan. 7, 2021

NEW YORK, Jan. 7, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:

PNM Resources, Inc. (NYSE: PNM)concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Avangrid, Inc. for $50.30 in cash per share. If you are a PNM shareholder,click here to learn more about your rights and options.

RigNet, Inc. (NASDAQ: RNET)concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Viasat, Inc. for 0.1845 Viasat common shares for each RigNet common share. If you are a RigNet shareholder,click here to learn more about your rights and options.

Inphi Corporation (NASDAQ: IPHI) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Marvell Technology Group Ltd. for $66.00 in cash and 2.323 shares of stock of the combined company for each Inphi share. If you are an Inphi shareholder,click here to learn more about your rights and options.

Telenav, Inc. (NASDAQ: TNAV) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to V99, Inc., a corporation led by HP Jin, Co-Founder, President, and Chief Executive Officer of Telenav, for $4.80 per share. If you are aTelenavshareholder,click here to learn more about your rights and options.

Callaway Golf Company (NYSE: ELY)concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with Topgolf Entertainment Group. Under the terms of the merger agreement, Callaway will issue approximately 90 million shares of common stock to Topgolf shareholders. If you are a Callaway shareholder,click here to learn more about your rights and options.

Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.

Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:Halper Sadeh LLPDaniel Sadeh, Esq.Zachary Halper, Esq.(212) 763-0060 sadeh@halpersadeh.comzhalper@halpersadeh.com https://www.halpersadeh.com

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SOURCE Halper Sadeh LLP