NEW YORK, Sept. 21, 2017 /PRNewswire/ -- Notice is
hereby given that Monteverde & Associates PC has filed a class
action lawsuit in the United
States Central District Court of California, case no. 2:17-cv-06469-CAS-JEM, on
behalf of stockholders of Guidance Software, Inc. ("Guidance " or
the "Company") (NASDAQ: GUID) who held Guidance securities and
have been harmed by Guidance and its board of directors' (the
"Board") for alleged violations of Sections 14(d)(4), 14(e), and
20(a) of the Securities Exchange Act of 1934 (the "Exchange Act")
in connection with the tender offer of Company common stock to be
purchased by Open Text Corporation ("Open Text").
Under the terms of the agreement, Guidance stockholders are only
anticipated to receive $7.10 per
share in cash in exchange for each share of Guidance. The
complaint alleges that this offer is inadequate and alleges that
the Schedule 14D-9 Solicitation/Recommendation Statement (the
"Recommendation Statement") provides materially incomplete and
misleading information about the Company's financials and the
transaction, in violation of Sections 14(d)(4), 14(e), and 20(a) of
the Exchange Act.
If you wish to serve as lead plaintiff, you must move the Court
no later than 60 days from today. Any member of the putative
class may move the Court to serve as lead plaintiff through counsel
of their choice, or may choose to do nothing and remain an absent
class member. If you wish to discuss this action, or have any
questions concerning this notice or your rights or interests,
please contact:
Click here for more information:
www.monteverdelaw.com/investigations/m-a/. It is free and there
is no cost or obligation to you.
Monteverde & Associates PC is a boutique class action
securities and consumer litigation law firm committed that has
recovered millions of dollars and is committed to protecting
shareholders and consumers from corporate wrongdoing.
Monteverde & Associates PC lawyers have significant experience
litigating Mergers & Acquisitions and Securities Class Actions,
whereby they protect investors by recovering money and remedying
corporate misconduct.
Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave, Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2017 Monteverde & Associates
PC. Prior results do not guarantee a similar outcome with
respect to any future matter.
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SOURCE Monteverde & Associates PC
