UPDATE - INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of SABA SOFTWARE, INC. of PENDENCY OF CLASS ACTION Lawsuit in Connection With the Fairness of the SALE OF THE COMPANY TO VECTOR CAPITAL -- SABA
(firmenpresse) - NEW YORK, NY -- (Marketwired) -- 02/27/15 -- The following statement is being issued by Levi & Korsinsky, LLP:
OR OTHERWISE ACQUIRED COMMON STOCK OF (OTCBB: SABA) AND CONTINUE TO HOLD SUCH SHARES.
that a securities class action lawsuit has been commenced in Delaware state court. If you purchased or otherwise acquired Saba Software common stock prior to February 11, 2015 and continue to hold your shares, .
Click here to learn more about the action: .
The Board of Directors of . Under the terms of the transaction, Saba Software shareholders will receive $9.00 in cash for each share of Saba Software stock they own. The whether the Board of Saba Software breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and . In particular, stock has traded above the offer price as recently as February 6, 2015, and in December.
If you own Saba Software common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit .
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
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Datum: 27.02.2015 - 16:22 Uhr
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