SAN DIEGO, Jan. 23, 2024 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a deadline is coming up on January 29, 2024, in the lawsuit that is pending for certain investors who SOLD shares of National Instruments Corporation (Formerly NASDAQ: NATI).
Investors, who SOLD shares of National Instruments Corporation (Formerly NASDAQ: NATI) shares between May 25, 2022 and January 17, 2023, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
Since October 2023, National Instruments Corporation operates as Emerson Electric Co.’s Test and Measurement business unit after getting acquired by Emerson.
On November 30, 2023, a lawsuit was filed against National Instruments Corporation over alleged securities laws violations. The plaintiff alleges that the defendants made false statements and/or omitted to disclose material information that artificially deflated the price of National Instruments common stock. More specifically, the plaintiff claims that at the time that National Instruments was repurchasing National Instruments stock, defendants knew that National Instruments had received a formal acquisition offer from Emerson, and that National Instruments had an obligation to disclose that it had received a formal acquisition offer from Emerson or abstain from purchasing National Instruments stock from unsuspecting investors.
Those who SOLD shares of National Instruments Corporation (Formerly NASDAQ: NATI) shares between May 25, 2022 and January 17, 2023 should contact the Shareholders Foundation, Inc.
CONTACT:
Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.
