National Instruments Corporation Common Stock (NASDAQ: NATI)
The Complaint alleges that Defendants throughout the Class Period made false statements and/or omitted to disclose material information that artificially deflated the price of National Instruments common stock. The Complaint further alleges that at the time that National Instruments was repurchasing National Instruments stock, Defendants knew that National Instruments had received a formal acquisition offer from Emerson, and accordingly, National Instruments had an obligation to disclose that it had received a formal acquisition offer from Emerson or abstain from purchasing National Instruments stock from unsuspecting investors.