NEW YORK, Feb. 3, 2016 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Imprivata, Inc. ("Imprivata" or the "Company") (NYSE: IMPR), concerning whether the board has breached its fiduciary duties to shareholders.
During the third quarter of 2015, certain Imprivata insiders sold more than $72 million worth of Company stock. Then, when the Company disclosed its third quarter 2015 financial results were significantly below previously issued guidance, Company stock to fell from approximately $17.31 per share to below $10 per share.
Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.
If you own Imprivata shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq. Benjamin I. Sachs-Michaels, Esq. Harwood Feffer LLP 488 Madison Avenue New York, New York 10022 Phone Numbers: (877) 935-7400 (212)935-7400 Email: email@example.com Website: http://www.hfesq.com Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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