UPDATE - INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Investors of E2open, Inc. of Class Action Against the Board of the Co...
February 17 2015 - 1:06PM
Levi & Korsinsky notifies investors of E2open, Inc. ("E2open"
or "the Company") (Nasdaq:EOPN) of claims of breaches of fiduciary
duty and other violations of state law against the board of
directors of the company in connection with the sale of the Company
to Insight Venture Partners. A complaint was filed in California
state court.
Click here to learn more about the investigation:
http://zlk.9nl.com/e2open-eopn.
Under the terms of the transaction, E2open shareholders will
receive $8.60 in cash for each share of E2open stock they own. The
claims concern whether the Board of E2open breached their fiduciary
duties to stockholders by failing to adequately shop the Company
before agreeing to enter into this transaction, and whether Insight
Venture Partners is underpaying for E2open shares. In particular,
E2open shares have traded above the offer price as recently as
October 8, 2014.
If you own E2open common stock 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/e2open-eopn.
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.
CONTACT: Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
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