NEW YORK, July 08, 2024 (GLOBE NEWSWIRE) -- Top law firm Bleichmar Fonti & Auld LLP is investigating the potential acquisition of Rapid7, Inc. (Nasdaq:RPD) BFA is currently investigating potential claims for breach of fiduciary duty against the board of directors and/or senior management of Rapid7, Inc. in connection with recent news reports concerning the potential for a merger transaction involving the company. What Can You Do? https://www.bfalaw.com/cases-investigations/rapid7 Or contact: Ross Shikowitz ...

Submit your information here: https://www.bfalaw.com/cases-investigations/rapid7. NEW YORK, July 08, 2024 (GLOBE NEWSWIRE) -- Top law firm Bleichmar Fonti & Auld LLP is investigating the potential acquisition of Rapid7, Inc. (NASDAQ:RPD) For more information about BFA and its attorneys, please visit https://www.bfalaw.com. Ongoing Stockholder Investigation Shareholders are encouraged to submit your information to find out about your rights. If you are a shareholder of Rapid7, Inc. you may have legal options ...

Core Insights - Bleichmar Fonti & Auld LLP is investigating potential claims for breach of fiduciary duty against the board of directors and/or senior management of Rapid7, Inc. in relation to recent news about a possible merger transaction involving the company [5][7]. Group 1: Legal Investigation - The law firm is representing shareholders of Rapid7, Inc. and is encouraging them to submit their information to explore their legal rights [1][2]. - The investigation is based on allegations concerning the board's conduct in light of the potential acquisition [5][7]. Group 2: Law Firm Credentials - Bleichmar Fonti & Auld LLP is recognized as a leading international law firm specializing in securities class actions and shareholder litigation, having been named among the Top 5 plaintiff law firms by ISS SCAS in 2023 [7]. - The firm has notable achievements, including recovering over $900 million from Tesla, Inc.'s Board of Directors and $420 million from Teva Pharmaceutical Ind. Ltd., pending court approval [7].

Core Insights - Rapid7 has successfully completed an Information Security Registered Assessors Program (IRAP) assessment to the PROTECTED Level for key solutions within the Rapid7 Insight Platform [1][2] - This achievement allows Australian Government agencies that require PROTECTED level controls to access Rapid7's security solutions, which include vulnerability management, application security, orchestration and automation, and detection and response [2][3] Company Commitment - Rob Dooley, vice president of APJ at Rapid7, emphasized the company's commitment to protecting all levels of government in Australia through this assessment [3] - The successful IRAP assessment demonstrates Rapid7's dedication to supporting Australian government customers and addressing the challenges of the evolving cybersecurity landscape [3][4] Market Context - As government agencies transition to hybrid cloud environments, Rapid7 aims to assist them in managing the complexities of securing their attack surfaces [5] - The timing of the assessment is critical, given the increasing sophistication and speed of cyber attackers [5] Product Capabilities - The Rapid7 Insight Platform offers data collection, visibility, analytics, and automation, facilitating collaboration between security, IT operations, and development teams [6] - It provides one-click access to various security functions, including vulnerability management, application testing, incident detection and response, and orchestration and automation, ensuring compliance with regulatory frameworks [6] Future Prospects - Rapid7 looks forward to leveraging the IRAP assessment to enhance its partnership with the Australian Government, aiming for a comprehensive view of the attack surface and prompt action against threats [7]

The acquisition of Noetic Cyber is set to close during Rapid7's third quarter of 2024 and is not expected to materially impact the company's 2024 Annualized Recurring Revenues. Following the completion of the transaction, Rapid7 plans to make Noetic Cyber's capabilities available to its customers by the summer. The acquisition will also address the critical market need for improved visibility and management of cyber assets. Citing Gartner's Innovation Insight: Attack Surface Management report, Rapid7 reveal ...

BOSTON, July 01, 2024 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced it has signed a definitive agreement to acquire Noetic Cyber, an innovator and a leader in cyber asset attack surface management (CAASM). The addition of Noetic's CAASM solution to Rapid7's existing cybersecurity solutions will provide more comprehensive visibility of a customer's environment, including visibility into both internal and external assets, on-premise and in the ...

Core Viewpoint - Bleichmar Fonti & Auld LLP is investigating potential claims for breach of fiduciary duty against the board of directors and/or senior management of Rapid7, Inc. in relation to a possible merger transaction involving the company [2]. Group 1 - The law firm is encouraging shareholders of Rapid7 to obtain additional information regarding their rights and the ongoing investigation [1][3]. - The investigation is focused on the board's actions and decisions concerning the potential acquisition of Rapid7 [2]. - Shareholders may have legal options available to them, with representation offered on a contingency fee basis, meaning no upfront costs for shareholders [5]. Group 2 - Bleichmar Fonti & Auld LLP is recognized as a leading international law firm specializing in securities class actions and shareholder litigation, having achieved significant recoveries in past cases [6]. - The firm was named among the Top 5 plaintiff law firms by ISS SCAS in 2023, highlighting its reputation in the legal industry [6].

Business: Rapid7 is a global cybersecurity software and services provider. Its products span across information security, cloud operations, development and information technology teams, enabling them to understand attackers and leverage that information to take control of their fragmented attack surface. Rapid7 Managed Threat Complete is the company's flagship offering, and it includes the Rapid7 Managed Detection and Response program. Rapid7 also provides risk and threat coverage through InsightIDR and Ins ...

If you are a shareholder of Rapid7, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases-investigations/rapid7. BFA is currently investigating potential claims for breach of fiduciary duty against the board of directors and/or senior management of Rapid7, Inc. in connection with recent news reports concerning the potential for a merger transaction involving the company. Submit your information here: https://www.bfalaw.com/cases-investigations/rapid7. If you are a sha ...

To speak with an attorney for more information visit: https://www.bfalaw.com/cases-investigations/rapid7 Or contact: Ross Shikowitz ross@bfalaw.com 212-789-3619 Why Bleichmar Fonti & Auld LLP? Bleichmar Fonti & Auld LLP is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It was named among the Top 5 plaintiff law firms by ISS SCAS in 2023 and its attorneys have been named Titans of the Plaintiffs' Bar by Law360 and SuperLawyers by Thompson Reut ...