SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by the Board of JDA Softwar
November 21 2012 - 3:07PM
Levi & Korsinsky notifies investors of JDA Software Group Inc.
("JDA" or the "Company") (Nasdaq:JDAS) 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 RedPrairie Corp. A complaint was filed in Arizona state
court.
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 claims concern
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.
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: (212) 363-7171
www.zlk.com
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