TMCnet News
SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces A Class Action Lawsuit Has Been Filed Against The Board Of Directors Of Saba Software, Inc.Rigrodsky & Long, P.A. announces a complaint alleging breaches of fiduciary duty and other violations of law has been filed in the Delaware Court of Chancery against the board of directors of Saba (News - Alert) Software, Inc. ("Saba" or the "Company") (OTC PINK: SABA) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by affiliates of Vector Capital ("Vector"). Click here to learn more: http://www.rigrodskylong.com/investigations/saba-software-inc-saba. Under the terms of the agreement, public shareholders of Saba would receive $9.00 in cash for each share of Saba they own. The complaint alleges that Saba's board of directors failed to adequately shop the Company and obtain the best possible value for Saba's shareholders before entering into an agreement with Vector. If you own the common stock of Saba and purchased your shares before February 10, 2015, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to [email protected], or at: http://www.rigrodskylong.com/investigations/saba-software-inc-saba. Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States. Attorney advertising. Prior results do not guarantee a similar outcome.
|
