NEW YORK, July 26, 2017 /PRNewswire-USNewswire/
-- Harwood Feffer LLP (www.hfesq.com) is investigating
potential claims against the board of directors of Guidance
Software, Inc. ("Guidance Software" or the "Company")
(NASDAQ:GUID) concerning the proposed sale of the Company to Open
Text ("Open Text").
Under the terms of the agreement, Open Text would acquire
Guidance Software in a transaction valued at approximately
$222 million. Pursuant to the
deal, Guidance Software stockholders will receive $7.10 in cash per share. At least one
analyst had a price target of $10.00
per share.
Our investigation concerns whether the Guidance Software board
of directors is fulfilling its fiduciary duties, maximizing the
value of the Company, disclosing all material benefits and costs,
and obtaining full and fair consideration for Company
stockholders.
If you own Guidance Software shares and wish to discuss this
matter with us, or have any questions concerning your rights and
interests with regard to this matter, please contact:
Daniella Quitt, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: dquitt@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been
representing individual and institutional investors for many years,
serving as lead counsel in numerous cases in federal and state
courts. Please visit the Harwood Feffer LLP website
(http://www.hfesq.com) for more information about the firm.
Attorney Advertising. The law firm responsible for this
advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results
do not guarantee or predict a similar outcome with respect to any
future matter.
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SOURCE Harwood Feffer LLP
