The Law Office of Joseph Klein is Investigating Possible Breaches of Fiduciary Duty by the Board of Epicor Software Corp. in ...
12 Abril 2011 - 10:20PM
Business Wire
The Law Office of Joseph Klein is investigating the Board of
Directors of Epicor Software Corporation (Nasdaq: EPIC) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to Apax Partners
Holdings Ltd. Under the terms of the proposed transaction, Epicor
Software shareholders will receive $12.50 in cash per share for a
total transaction value of approximately $790 million.
The investigation concerns whether the Epicor Software Board of
Directors breached their fiduciary duties to Epicor Software
stockholders by failing to adequately shop the Company before
entering into this transaction and whether Apax Partners Holdings
Ltd. is underpaying for Epicor Software shares. At least one
analyst set a price target for Epicor Software at $14 per
share.
If you own common stock in Epicor Software and wish to obtain
additional information, please contact Joseph Klein, Esq. directly,
via email at jk@jkleinlawfirm.com, by telephone at 718-947-0005,
Toll Free: 877-STOK-180, or visit
http://www.jkleinlawfirm.com/epicor-software-epic.html.
Joseph Klein, Esq. is an experienced attorney and has also
practiced as a Certified Public Accountant. Mr. Klein represents
investors and participates in securities litigations involving
financial fraud throughout the nation. Attorney advertising. Prior
results do not guarantee similar outcomes.
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