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Stock impact report

Rigrodsky & Long, P.A. Files Class Action Suit Against Gilat Satellite Networks Ltd.

Gilat Satellite Networks Ltd. - Ordinary Shares (GILT) 
US:NASDAQ Investor Relations: gilat.com/investor-relations
Company Research Source: GlobeNewswire
WILMINGTON, Del., March 26, 2020 (GLOBE NEWSWIRE) -- Rigrodsky & Long, P.A. announces that it has filed a class action complaint in the United States District Court for the District of Delaware on behalf of holders of Gilat Satellite Networks Ltd. (“Gilat” or the “Company”) (NASDAQ GS: GILT) common stock in connection with the proposed acquisition of Gilat by Comtech Telecommunications Corp. (“Comtech”) and Convoy Ltd. (“Merger Sub”) announced on January 29, 2020 (the “Complaint”).  The Complaint, which alleges violations of the Securities Exchange Act of 1934 against Gilat, its Board of Directors (the “Board”), Comtech, and Merger Sub, is captioned Thompson v. Gilat Satellite Networks Ltd., Case No. 1:20-cv-00339 (D. Del.). If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact plaintiff’s counsel, Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 300 Delaware Avenue, Suite 1220, Wilmington, DE 19801, Show less Read more
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