NEW YORK, April 22, 2015 /PRNewswire/ -- Bernstein Liebhard LLP is investigating whether the Board of Directors of Procera Networks, Inc. ("Procera" or the "Company") (NASDAQ: PKT) breached its fiduciary duty to its shareholders in agreeing to sell Procera to by private funds managed by Francisco Partners Management, L.P.
Under the terms of the agreement, Procera shareholders will receive $11.50 in cash for each share they own. The investigation is focused on the potential unfairness of the price to Procera shareholders and the process by which the Procera Board of Directors considered and approved the transaction.
If you are interested in discussing your rights as a Procera stockholder, with no obligation or cost to you, please contact Joseph R. Seidman, Jr. at:
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