Forescout Technologies, Inc.

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Ademi & O’Reilly, LLP is investigating Forescout Technologies, Inc. (NASDAQ: FSCT) for possible breaches of fiduciary duty and other violations of the law in connection with the sale to Advent.

Ademi & O’Reilly, LLP alleges Forescout’s financial outlook is improving and yet shareholders will receive only $33.00 per share in an all-cash transaction valued at $1.9 billion. The merger agreement unreasonably limits competing bids for Forescout by prohibiting solicitation of further bids, and imposing a termination penalty if Forescout accepts a superior bid. Forescout insiders will receive millions of dollars as part of change of control arrangements. We are investigating the conduct of Forescout’s board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Forescout.