NEW YORK, June 21, 2017 /PRNewswire/ -- Harwood
Feffer LLP (www.hfesq.com) is investigating potential
claims against the board of directors of ARI Network Services, Inc.
("ARI Network" or the "Company") (NASDAQ: ARIS) concerning the
proposed acquisition of the Company by True Wind
Capital Management, LLC ("True Wind").
Under the terms of the offer, True Wind would
acquire ARI Network for approximately $140 million. Pursuant to the terms of the
transaction, common shareholders of ARI Network will receive
$7.10 per share owned.
Our investigation concerns whether the ARI Network board of
directors is fulfilling its fiduciary duties, maximizing the value
of the Company, disclosing all material benefits and costs, and
obtaining full and fair consideration for Company
stockholders.
If you own ARI Network shares and wish to
discuss this matter with us, or have any questions concerning your
rights and interests with regard to this matter, please
contact:
Robert I. Harwood,
Esq.
Benjamin I.
Sachs-Michaels, Esq.
Harwood Feffer
LLP
488 Madison Avenue
New York, New York 10022
Phone
Numbers: (877) 935-7400
(212)
935-7400
Email: bsachsmichaels@hfesq.com
Website:
http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been
representing individual and institutional investors for many
years, serving as lead counsel in numerous cases in
federal and state courts. Please visit the Harwood Feffer LLP
website (http://www.hfesq.com) for
more information about the firm.
Attorney Advertising. The law firm responsible for
this advertisement is Harwood Feffer LLP
(www.hfesq.com). Prior results do not
guarantee or predict a similar outcome with respect to
any future matter.
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SOURCE Harwood Feffer LLP