{"id":50491,"date":"2020-07-21T22:00:00","date_gmt":"2020-07-21T22:00:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2665084"},"modified":"2020-07-21T22:00:00","modified_gmt":"2020-07-21T22:00:00","slug":"shareholder-alert-weisslaw-llp-investigates-globalscape-inc","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/07\/21\/shareholder-alert-weisslaw-llp-investigates-globalscape-inc\/","title":{"rendered":"SHAREHOLDER ALERT: WeissLaw LLP Investigates GlobalSCAPE, Inc."},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"200\" height=\"122\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/07\/4054-1-3-5.jpg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" \/><\/p>\n<p><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2862972-1&amp;h=2363142554&amp;u=http%3A%2F%2Fweisslawllp.com%2F&amp;a=WeissLaw+LLP\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">WeissLaw LLP<\/a>&nbsp;is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of GlobalSCAPE, Inc. (&#8220;GSB&#8221; or the &#8220;Company&#8221;) (NYSE American: GSB) in connection with the proposed acquisition of the Company by &nbsp;HelpSystems, LLC (&#8220;HelpSystems&#8221;). &nbsp;Under the terms of the acquisition agreement, which has been structured as a tender offer, GSB shareholders will receive&nbsp;<span class=\"xn-money\">$9.50<\/span>&nbsp;in cash&nbsp;for each share of GSB common stock that they own.<\/p>\n<p class=\"prntac\"><strong><u>If you own GSB shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:<\/u><\/strong><\/p>\n<p class=\"prntac\"><strong><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2862972-1&amp;h=3827681171&amp;u=http%3A%2F%2Fwww.weisslawllp.com%2Fglobalscape-inc%2F&amp;a=http%3A%2F%2Fwww.weisslawllp.com%2Fglobalscape-inc%2F\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">http:\/\/www.weisslawllp.com\/globalscape-inc\/<\/a><\/strong><\/p>\n<p class=\"prntac\"><strong><u>Or please contact:<br class=\"dnr\" \/><\/u><\/strong><strong><span class=\"xn-person\">Joshua Rubin, Esq.<\/span><br class=\"dnr\" \/><\/strong>WeissLaw LLP<br class=\"dnr\" \/>1500 Broadway, 16<sup>th<\/sup>&nbsp;Floor<br class=\"dnr\" \/><span class=\"xn-location\">New York<\/span>, NY&nbsp; 10036<br class=\"dnr\" \/><strong>(212)&nbsp;682-3025<br class=\"dnr\" \/><\/strong><strong>(888) 593-4771<br class=\"dnr\" \/><a href=\"mailto:stockinfo@weisslawllp.com\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">stockinfo@weisslawllp.com<\/a><\/strong><\/p>\n<p>WeissLaw is investigating whether GSB&#8217;s board was truly independent and acted to maximize shareholder value in agreeing to the proposed transaction, whether the board was fully informed as to the valuation of the proposed acquisition of the Company, and whether all information regarding the valuation of the deal will be fully and fairly disclosed to GSB shareholders. &nbsp;Notably, Company management and other insiders and their affiliates collectively hold approximately 33% of GSB&#8217;s outstanding common shares and have agreed to tender those shares in the transaction, calling into question the independence of GSB&#8217;s board and whether the deal is in the best interest of GSB shareholders.<\/p>\n<p>WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties.&nbsp; We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases.&nbsp; If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at&nbsp;<strong><a href=\"mailto:stockinfo@weisslawllp.com\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">stockinfo@weisslawllp.com<\/a><\/strong><\/p>\n<p>SOURCE WeissLaw LLP<\/p>\n<p>&nbsp;<\/p>\n<p class=\"tags\">\n<div><strong>See Campaign: <\/strong><a href=\"http:\/\/http:\/\/weisslawllp.com\" target=\"_blank\">http:\/\/http:\/\/weisslawllp.com<\/a><br \/><b>Contact Information:<\/b><br \/>Joshua Rubin, Esq.<br \/>\nWeissLaw LLP<br \/>\n1500 Broadway, 16thFloor<br \/>\nNew York, NY 10036<br \/>\n(212)682-3025<br \/>\n(888) 593-4771<br \/>\nstockinfo@weisslawllp.com<\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/wire\/\" rel=\"category tag\">Wire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/legal-newswire\/\" rel=\"category tag\">Legal Newswire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/global-regions\/united-states\/\" rel=\"category tag\">United States<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>Joshua Rubin, Esq.<br \/>\nWeissLaw LLP<br \/>\n1500 Broadway, 16th\u00a0Floor<br \/>\nNew York, NY\u00a0 10036<br \/>\n(212)\u00a0682-3025<br \/>\n(888) 593-4771<br \/>\nstockinfo@weisslawllp.com<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"200\" height=\"122\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/07\/4054-1-3-5.jpg\" alt=\"\">WeissLaw LLP&nbsp;is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of GlobalSCAPE, Inc. (&ldquo;GSB&rdquo; or the &ldquo;Company&rdquo;) (NYSE American: GSB) in connection with the proposed acquisition of the Company by &nbsp;HelpSystems, LLC (&ldquo;HelpSystems&rdquo;). &nbsp;Under the terms of the acquisition agreement, which has been structured as a tender &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/07\/21\/shareholder-alert-weisslaw-llp-investigates-globalscape-inc\/\">Continue reading <span>SHAREHOLDER ALERT: WeissLaw LLP Investigates GlobalSCAPE, Inc.<\/span><\/a> <a href=\"https:\/\/ipsnews.net\/business\/2020\/07\/21\/shareholder-alert-weisslaw-llp-investigates-globalscape-inc\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":120,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,12,22,54],"tags":[],"class_list":["post-50491","post","type-post","status-publish","format-standard","hentry","category-english","category-legal-newswire","category-united-states","category-wire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SHAREHOLDER ALERT: WeissLaw LLP Investigates GlobalSCAPE, Inc. - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ipsnews.net\/business\/2020\/07\/21\/shareholder-alert-weisslaw-llp-investigates-globalscape-inc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHAREHOLDER ALERT: WeissLaw LLP Investigates GlobalSCAPE, Inc. - Business\" \/>\n<meta property=\"og:description\" content=\"WeissLaw LLP&nbsp;is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of GlobalSCAPE, Inc. (&ldquo;GSB&rdquo; or the &ldquo;Company&rdquo;) (NYSE American: GSB) in connection with the proposed acquisition of the Company by &nbsp;HelpSystems, LLC (&ldquo;HelpSystems&rdquo;). &nbsp;Under the terms of the acquisition agreement, which has been structured as a tender &hellip; Continue reading SHAREHOLDER ALERT: WeissLaw LLP Investigates GlobalSCAPE, Inc. Continue Reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"http:\/\/ipsnews.net\/business\/2020\/07\/21\/shareholder-alert-weisslaw-llp-investigates-globalscape-inc\/\" \/>\n<meta property=\"og:site_name\" content=\"Business\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-21T22:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/07\/4054-1-3-5.jpg\" \/>\n<meta name=\"author\" content=\"saadzafar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"saadzafar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"http:\/\/ipsnews.net\/business\/2020\/07\/21\/shareholder-alert-weisslaw-llp-investigates-globalscape-inc\/\",\"url\":\"http:\/\/ipsnews.net\/business\/2020\/07\/21\/shareholder-alert-weisslaw-llp-investigates-globalscape-inc\/\",\"name\":\"SHAREHOLDER ALERT: WeissLaw LLP Investigates GlobalSCAPE, Inc. - Business\",\"isPartOf\":{\"@id\":\"https:\/\/ipsnews.net\/business\/#website\"},\"primaryImageOfPage\":{\"@id\":\"http:\/\/ipsnews.net\/business\/2020\/07\/21\/shareholder-alert-weisslaw-llp-investigates-globalscape-inc\/#primaryimage\"},\"image\":{\"@id\":\"http:\/\/ipsnews.net\/business\/2020\/07\/21\/shareholder-alert-weisslaw-llp-investigates-globalscape-inc\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/07\/4054-1-3-5.jpg\",\"datePublished\":\"2020-07-21T22:00:00+00:00\",\"author\":{\"@id\":\"https:\/\/ipsnews.net\/business\/#\/schema\/person\/2bbe685ceebf737c28bed414f4de30ab\"},\"breadcrumb\":{\"@id\":\"http:\/\/ipsnews.net\/business\/2020\/07\/21\/shareholder-alert-weisslaw-llp-investigates-globalscape-inc\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\/\/ipsnews.net\/business\/2020\/07\/21\/shareholder-alert-weisslaw-llp-investigates-globalscape-inc\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"http:\/\/ipsnews.net\/business\/2020\/07\/21\/shareholder-alert-weisslaw-llp-investigates-globalscape-inc\/#primaryimage\",\"url\":\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/07\/4054-1-3-5.jpg\",\"contentUrl\":\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/07\/4054-1-3-5.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"http:\/\/ipsnews.net\/business\/2020\/07\/21\/shareholder-alert-weisslaw-llp-investigates-globalscape-inc\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ipsnews.net\/business\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"SHAREHOLDER ALERT: WeissLaw LLP Investigates GlobalSCAPE, Inc.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ipsnews.net\/business\/#website\",\"url\":\"https:\/\/ipsnews.net\/business\/\",\"name\":\"Business\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ipsnews.net\/business\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/ipsnews.net\/business\/#\/schema\/person\/2bbe685ceebf737c28bed414f4de30ab\",\"name\":\"saadzafar\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ipsnews.net\/business\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/eddf5ef7c811a23ef56aa4e5cdae08717c8d4fb0bea44869ad07216e7fc806a9?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/eddf5ef7c811a23ef56aa4e5cdae08717c8d4fb0bea44869ad07216e7fc806a9?s=96&d=mm&r=g\",\"caption\":\"saadzafar\"},\"sameAs\":[\"https:\/\/icrowdnewswire.com\/fc\"],\"url\":\"https:\/\/ipsnews.net\/business\/author\/saadzafar\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SHAREHOLDER ALERT: WeissLaw LLP Investigates GlobalSCAPE, Inc. - Business","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"http:\/\/ipsnews.net\/business\/2020\/07\/21\/shareholder-alert-weisslaw-llp-investigates-globalscape-inc\/","og_locale":"en_US","og_type":"article","og_title":"SHAREHOLDER ALERT: WeissLaw LLP Investigates GlobalSCAPE, Inc. - Business","og_description":"WeissLaw LLP&nbsp;is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of GlobalSCAPE, Inc. (&ldquo;GSB&rdquo; or the &ldquo;Company&rdquo;) (NYSE American: GSB) in connection with the proposed acquisition of the Company by &nbsp;HelpSystems, LLC (&ldquo;HelpSystems&rdquo;). &nbsp;Under the terms of the acquisition agreement, which has been structured as a tender &hellip; Continue reading SHAREHOLDER ALERT: WeissLaw LLP Investigates GlobalSCAPE, Inc. 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