March 6, 2020

Gilat Satellite Networks Ltd. Ordinary Shares (NASDAQ: GILT)

Company Name:Gilat Satellite Networks Ltd. Ordinary Shares

Stock Symbol:NASDAQ: GILT

Class Period Start:01/29/2020

Class Period End (inclusive):03/06/2020

Filing Deadline:05/25/2020

According to the Complaint, Gilat Satellite Networks Ltd. is a leading global provider of satellite-based broadband communications.

This action stems from a proposed transaction announced on January 29, 2020, pursuant to which Gilat Satellite Networks Ltd. will be acquired by Comtech Telecommunications Corp.

On January 29, 2020, Gilat’s Board of Directors caused the Company to enter into an agreement and plan of merger with Comtech. Pursuant to the terms of the Merger Agreement, Gilat’s stockholders will receive $7.18 in cash and 0.08425 shares of Parent common stock for each share of Gilat common stock they own.

On March 2, 2020, Defendants filed a Form S-4 Registration Statement with the United States Securities and Exchange Commission in connection with the Proposed Transaction. The Complaint alleges that the Registration Statement omits material information with respect to the Proposed Transaction, which renders the Registration Statement false and misleading.

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6. Not withstanding the foregoing, Professional and High Net Worth Members of ClaimsFiler.com are entitled to receive unlimited communications with personal Securities Attorneys. To take advantage of this special benefit and to submit your inquiries directly to an Attorney, a special “Contact Lawyer” email link will be provided to you on your profile page. You should use this link to initiate communication directly with your Securities Attorney. Professional and High Net Worth Members are also entitled to received fully contingent legal representation in matters relating to federal securities fraud, negligence and breaches of fiduciary duty claims against publicly traded companies. The ultimate decision to accept legal representation in any matter is subject to the legal analysis and opinion of the Securities Attorney and is final. The establishment of any attorney/client retention agreement for representation is directly between you and the Securities Attorney, independent of ClaimsFiler.com.

Recent Security Class Actions

Gilat Satellite Networks Ltd. Ordinary Shares (NASDAQ: GILT)

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No Matter Your Brokerage,
We have you Covered

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Scope

Personal Information We May Collect and Where It Comes From

Information You Provide To ClaimsFiler

Information We Collect From Your Financial Account

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Information We Receive About You From Other Sources

How We Disclose And Use Information

How We Share Your Information

How We Handle / Secure Your Information

Our Legal Basis for Handling Your Information

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Data Retention

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Recent Security Class Actions

Gilat Satellite Networks Ltd. Ordinary Shares (NASDAQ: GILT)

Real Time Class Action Monitoring for ALL of Your Investment Accounts

No Matter Your Brokerage,We have you Covered

Terms of Service

Privacy Policy

Scope

Personal Information We May Collect and Where It Comes From

Information You Provide To ClaimsFiler

Information We Collect From Your Financial Account

Information We Collect From Your Devices

Information We Receive About You From Other Sources

How We Disclose And Use Information

How We Share Your Information

How We Handle / Secure Your Information

Our Legal Basis for Handling Your Information

International Visitors

Children’s Privacy

Data Retention

Data Deletion

Updates To This Privacy Policy

Contact Us

No Matter Your Brokerage,
We have you Covered