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SHAREHOLDER ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Opower, Inc. and Encourages Investors to Contact the Firm for Additional Information
[May 04, 2016]

SHAREHOLDER ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Opower, Inc. and Encourages Investors to Contact the Firm for Additional Information


The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Opower, Inc. ("Opower" or the "Company") (NYSE: OPWR) relating to the proposed buyout of the Company by Oracle (News - Alert) Corporation.

Under the terms of the agreement, Opower shareholders are anticipated to receive $10.30 in cash for each share of Opower common stock held. The firm's investigation seeks to determine, among other things, whether the Company's Board of Directors failed to satisfy their duties to shareholders, including whether the Board adequately pursued alternatives to the acquisition and whether the Board obtained the best price possible for the Company's shares of common stok, especially given that according to Yahoo! Finance, at least one Wall Street analyst has issued a price target for Opower stock at $20.00 per share.



If you currently own common stock of Opower and believe that the proposed buyout price is too low, or you would like to learn more about the investigation being conducted by Brower Piven, please visit our website at http://www.browerpiven.com/currentinvestigations.html. You may also request more information by contacting Brower Piven either by email at [email protected] or by telephone at (410) 415-6616.

Attorneys at Brower Piven have extensive experience in litigating securities and other class action cases and have been advocating for the rights of shareholders since the 1980s.



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