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Red Hat (NYSE: RHT) Investor Lawsuit Filed Over Alleged Breaches Of Fiduciary Duties In Acquisition

  • Investors who purchased shares of Red Hat (NYSE: RHT) may have certain options. Please contact the Shareholders Foundation, Inc.

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Lawsuit Overview

January 8, 2019 - The case was voluntarily dismissed. December 18, 2018 - An investor, who currently holds shares of Red Hat (NYSE: RHT), filed a lawsuit against the takeover of Red Hat. The plaintiff alleges that the defendants breached their fiduciary duties owed to NYSE: RHT stockholders by agreeing to sell Red Hat cheaply via an unfair process. On October 28, 2018, IBM (NYSE:IBM) ...



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