SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Cvent, Inc.
22 Abril 2016 - 11:10PM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
Cvent, Inc. ("Cvent” or "the Company") (NYSE: CVT) for possible
breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to affiliates of Vista
Equity Partners. (“Vista”).
Click here to learn more about the investigation
http://brodsky-smith.com/1062-cvt-cvent-inc.html, or call:
877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Cvent shareholders will
receive only $36.00 in cash for each share of Cvent stock they own.
The investigation concerns whether the Board of Cvent breached
their fiduciary duties to shareholders and whether Vista is
underpaying for the Company. The transaction may undervalue the
Company and would result in no real gain or a loss for many Cvent
shareholders. For example, Cvent stock traded at $36.88 per share
on December 7, 2015 and an analyst has set a $43.00 per share price
target for Cvent stock.
If you own shares of Cvent and wish to discuss the legal
ramifications of the investigation, or have any questions, you may
e-mail or call the law office of Brodsky & Smith, LLC who will,
without obligation or cost to you, attempt to answer your
questions. You may contact Jason L. Brodsky, Esquire or Evan J.
Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite
510, Bala Cynwyd, PA 19004, by visiting
http://brodsky-smith.com/1062-cvt-cvent-inc.html, or calling toll
free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and class action lawsuits. The attorneys at Brodsky
& Smith have been appointed by numerous courts throughout the
country to serve as lead counsel in class actions and have
successfully recovered millions of dollars for our clients and
shareholders. Attorney advertising. Prior results do not guarantee
a similar outcome.
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version on businesswire.com: http://www.businesswire.com/news/home/20160422006032/en/
Brodsky & Smith, LLCJason L. Brodsky, EsquireEvan J. Smith,
Esquire877-LEGAL-90http://brodsky-smith.com/1062-cvt-cvent-inc.html
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