LAWSUIT ALERT: Andrews & Springer LLC Announces That A Law Firm Has Filed A Class Action Lawsuit Against Qlik Technologies, I...
29 Junho 2016 - 7:25PM
Andrews & Springer LLC, a boutique securities class action
law firm focused on representing shareholders nationwide, announced
today that a class action lawsuit has been filed by another law
firm on behalf of stockholders of Qlik Technologies, Inc.
(NASDAQ:QLIK) (“Qlik” or the “Company”) seeking to challenge the
Company’s recently announced merger.
If you would like to join the class action, please visit our
website or contact Craig J. Springer, Esq.
at cspringer@andrewsspringer.com, or call toll free at
1-800-423-6013. You may also follow us on LinkedIn –
www.linkedin.com/company/andrews-&-springer-llc, Twitter –
www.twitter.com/AndrewsSpringer or Facebook -
www.facebook.com/AndrewsSpringer for future updates.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A
CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU
RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO
NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR
CHOICE.
On June 2, 2016, Qlik and private equity firm Thoma Bravo LLC
(“Thoma Bravo”) announced the signing of a definitive merger
agreement pursuant to which Thoma Bravo will acquire Qlik in an
all-cash merger worth approximately $3 billion. As a result of the
merger, Qlik shareholders are only expected to receive $30.50 per
share.
The consideration that Qlik shareholders are expected to receive
is inadequate. Following the announcement of the merger, according
to a Barron’s report, analyst Ed Maguire from CLSA Americas stated
that Qlik “took the easy way out with little premium.” The
consideration is also $11.42 below Qlik’s 52-week high of $41.92
and below the median price target of $34.96 of several financial
analysts.
On June 15, 2016, a Qlik shareholder represented by another law
firm filed a class action complaint challenging Qlik’s merger with
Thoma Bravo. The complaint was filed in the Pennsylvania Court of
Common Pleas of Delaware County, captioned Willems v. Qlik
Technologies Inc., et al, Case No. 2016-005249.
If you own shares of Qlik and want to receive additional
information and protect your investments free of charge, please
visit us at
http://www.andrewsspringer.com/cases-investigations/qlik-technologies-class-action-investigation
or contact Craig J. Springer, Esq.
at cspringer@andrewsspringer.com, or call toll free at
1-800-423-6013. You may also follow us on LinkedIn –
www.linkedin.com/company/andrews-&-springer-llc, Twitter –
www.twitter.com/AndrewsSpringer or Facebook -
www.facebook.com/AndrewsSpringer for future updates.
Andrews & Springer is a boutique securities class action law
firm representing shareholders nationwide who are victims of
securities fraud, breaches of fiduciary duty or corporate
misconduct. Having formerly defended some of the largest financial
institutions in the world, our founding members use their valuable
knowledge, experience, and superior skill for the sole purpose of
achieving positive results for investors. For more information
please visit our website at www.andrewsspringer.com. This notice
may constitute Attorney Advertising.
Contact: Craig J. Springer, Esq.
cspringer@andrewsspringer.com
Call Toll Free: 1-800-423-6013
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