SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of JDA...
02 November 2012 - 3:40AM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
JDA Software Group Inc. (“JDA” or the “Company”) (NasdaqGS: JDAS)
for possible breaches of fiduciary duty and other violations of
state law in connection with the sale of the Company to RedPrairie
Corp.
Click here to learn more about the investigation
http://zlk.9nl.com/jda-software/, or call: 877-363-5972.
There is no cost or obligation to you.
Under the terms of the transaction, JDA shareholders will
receive $45 for each share of JDA stock they own. The transaction
has a total approximate value of $1.9 billion. The investigation
concerns whether the JDA Board of Directors breached their
fiduciary duties to stockholders by failing to adequately shop the
Company before entering into this transaction and whether
RedPrairie Corp. is underpaying for JDA shares, thus unlawfully
harming JDA stockholders.
If you own common stock in JDA and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email
at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free:
(877) 363-5972, or visit
http://zlk.9nl.com/jda-software/.
Levi & Korsinsky is a national firm with offices in New York
and Washington D.C. The firm has extensive expertise in prosecuting
securities litigation involving financial fraud, representing
investors throughout the nation in securities and shareholder
lawsuits. The attorneys at Levi & Korsinsky have been appointed
by numerous courts throughout the country to serve as lead counsel
on behalf of shareholders in major securities lawsuits and have
successfully recovered multimillion-dollar damages awards on behalf
of investors. 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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