NEW YORK, Nov. 17, 2014 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of ChyronHego Corp. ("ChyronHego" or the "Company") (NASDAQ: CHYR) concerning the proposed acquisition of the Company by Vector Capital ("VC").
Under the terms of the transaction, VC would purchase ChyronHego in a transaction valued at approximately $114 million. ChyronHego shareholders would receive $2.82 in cash per share owned. In the past year, ChyronHego stock has closed above $4.25 per share
Our investigation concerns whether the ChyronHego board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders.
If you own ChyronHego 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:
Benjamin I. Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
Email: [email protected]
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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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SOURCE Harwood Feffer LLP