To join this case, fill out the form below
By clicking on the Submit button below, I acknowledge that I have read the Retainer Agreement and agree to retain WeissLaw LLP to file an action against the Company in connection with this matter. WeissLaw LLP will prosecute the action on a contingent fee basis and will advance all costs and expenses.
By clicking on the Submit button below, I acknowledge that I have read the Derivative Retention Letter and agree to retain WeissLaw LLP to file an action against the Company in connection with this matter. WeissLaw LLP will prosecute the action on a contingent fee basis and will advance all costs and expenses.
A signed Retainer Agreement will be sent to your email shortly.
Oops! Something went wrong while submitting the form.

Viasat, Inc. Investigation

We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Viasat, Inc. (“Viasat” or the “Company”)(NASDAQ: VSAT), in connection with the Company’s proposed acquisition of Inmarsat (“Inmarsat”).  Under the terms of the merger agreement, Inmarsat’s shareholders will receive $850.0 million in cash, subject to adjustments, and approximately 46.36 million newly issued Viasat shares valued at $3.1 billion, based on the closing price of $67.00 per Viasat share on November 5, 2021. At closing, on a pro forma basis, Inmarsat shareholders are expected to be issued shares representing an aggregate of 37.5% of Viasat stock on a fully diluted basis.  The proposed transaction is valued at approximately $7.3 billion.

WeissLaw LLP is investigating whether (i) Viasat’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the proposed equity split and issuance of shares to Inmarsat shareholders is in the best interest of Viasat’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.

Other Cases