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The Law Offices of Vincent Wong Announce an Investigation into Possible Breaches of Fiduciary Duty by the Board of Xactly Corporation in Connection with the Sale of the Company to Vista Equity PartnersThe Law Offices of Vincent Wong are investigating the Board of Directors of Xactly (News - Alert) Corporation (NYSE:XTLY) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Vista Equity Partners. Under the terms of the deal, Xactly shareholders will receive $15.65 per share. The investigation concerns whether the Xactly Board of Directors breached their fiduciary duties to Xactly stockholders by failing to adequately shop the Company before entering into this transaction and whether Vista Equity Partners is underpaying for Xactly shares, thus unlawfully harming Xactly stockholders. /p>
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
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