AYX - Alteryx Inc. (AYX) Investigation: Bronstein Gewirtz & Grossman LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

NEW YORK, NY / ACCESSWIRE / December 18, 2023 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Alteryx, Inc. ("Alteryx" or "the Company") (NYSE:AYX). Investors who purchased Alteryx securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/ayx.

The investigation concerns whether Alteryx has violated federal securities laws.

Investigation Details:

The investigation concerns whether the sale of Alteryx, Inc. to Clearlake Capital Group, L.P. and Insight Partners for $48.25 per share in cash for each share of Alteryx Class A or Class B common stock is fair to Alteryx shareholders.

Specifically, the investigation will examine whether Alteryx and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Alteryx shareholders; (2) determine whether Clearlake and Insight are underpaying for Alteryx; and (3) disclose all material information necessary for Alteryx shareholders to adequately assess and value the merger consideration. The investigation seeks to determine whether shareholders are due increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

What's Next?

If you are aware of any facts relating to this investigation or purchased Alteryx securities, you can assist this investigation by visiting the firm's site: bgandg.com/ayx. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman:

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
332-239-2660 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC