INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Fitbit, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

The investigation focuses on determining if Fitbits Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether Google LLC is underpaying for the Company.

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Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Tuesday, December 24, 2019
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Tags: 
Legal, Professional services, Legal entities, Law, Common law, Equity, Fiduciary, Limited liability company, Securities Class Action
Geotags: 
California, United States
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Summary
Key Points: 
  • The investigation focuses on determining if Fitbits Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether Google LLC is underpaying for the Company.
  • We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge.
  • The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.


The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Fitbit, Inc. (“Fitbit” or “the Company”) (NYSE: FIT) for potential breaches of fiduciary duty on the part of its directors in connection with the Company’s agreement to be acquired by Google LLC.

The investigation focuses on determining if Fitbit’s Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether Google LLC is underpaying for the Company.

If you are a shareholder, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at [email protected].

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

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