SAN DIEGO, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action lawsuit on behalf of all sellers of National Instruments Corporation (NASDAQ:NATI) common stock between May 25, 2022 and January 17, 2023. National Instruments is a producer of automated test equipment and virtual instrumentation software. Since October 2023, National Instruments operates as Emerson Electric Co.'s (NYSE:EMR) Test and Measurement business unit after being acquired by Emerson.
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What is this Case About: National Instruments Corporation (NATI) Failed to Disclose a Formal Acquisition Offer from Emerson Electric Co. (EMR)
According to the complaint, during the class period, defendants failed to disclose material information that artificially deflated the price of National Instruments common stock. Plaintiff ...