NEW YORK, March 23, 2018 /PRNewswire/ -- WeissLaw LLP is
investigating possible breaches of fiduciary duty and other
violations of law by the Board of Directors of MuleSoft, Inc.
("MULE" or the "Company") (NYSE: MULE) in connection with the
proposed acquisition of the Company by Salesforce.com, Inc. ("CRM")
(NYSE: CRM). Under the terms of the acquisition agreement,
the Company's shareholders will be entitled to receive $36.00 in cash and 0.0711 of a share of CRM for
each share of MULE they own.
WeissLaw is investigating whether MULE's Board acted to maximize
shareholder value prior to entering into the agreement.
Notably, the Company recently announced positive financial
results. In February, MULE reported a remarkable 60%
year-over-year increase in total revenue in the fourth quarter of
2017. On that same day, MULE also announced total revenue of
$296.5 million in fiscal year 2017,
representing an impressive 58% annual increase when compared to the
figures reported in the previous year. Moreover, Greg Schott, MULE's Chairman and CEO, further
highlighted the Company's financial success when he stated that
MULE anticipated reaching $1 billion
total revenue as early as 2021.
Given these facts, WeissLaw is investigating whether MULE's
shareholders will obtain their fair and proportionate share of the
Company's continued success and growth prospects. If you own
MULE shares and would like more information about your rights or
our investigation, or if you have information to share with us,
please contact Joshua Rubin
by telephone at (888) 593-4771 or by email at
stockinfo@weisslawllp.com.
WeissLaw LLP has litigated hundreds of stockholder class and
derivative actions for violations of corporate and fiduciary
duties. We have recovered over a billion dollars for
defrauded clients and obtained important corporate governance
relief in many of these cases. If you have information or
would like legal advice concerning possible corporate wrongdoing
(including insider trading, waste of corporate assets, accounting
fraud, or materially misleading information), consumer fraud
(including false advertising, defective products, or other
deceptive business practices), or anti-trust violations, please
email us at stockinfo@weisslawllp.com or fill out the
form on our website,
http://www.weisslawllp.com/mulesoft-inc/
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SOURCE WeissLaw LLP