SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Informatica Corporation
27 Avril 2015 - 11:35AM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
Informatica Corporation ("Informatica" or "the Company") (Nasdaq:
INFA) for possible breaches of fiduciary duty and other violations
of state law in connection with the sale of the Company to Permira
Funds and Canada Pension Plan Investment Board ("Permira").
Click here to learn more about the investigation
http://brodsky-smith.com/915-infa-informatica-corporation.html, or
call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Informatica shareholders
will receive only $48.75 in cash for each share of Informatica they
own. The investigation concerns whether the Board of Informatica
breached their fiduciary duties to shareholders by failing to
adequately shop the Company before agreeing to enter into this
transaction, and whether Permira is underpaying for Informatica.
The transaction may both undervalue Informatica and would result in
a loss for many long term holders of Informatica stock. For
example, Informatica previously traded at $60.91 per share and an
analyst has set a $52.00 per share price target for Informatica
stock.
If you own shares of Informatica and wish to discuss the legal
ramifications of the investigation, or have any questions, you may
e-mail or call the law office of Brodsky & Smith, LLC who will,
without obligation or cost to you, attempt to answer your
questions. You may contact Jason L. Brodsky, Esquire or Evan J.
Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite
510, Bala Cynwyd, PA 19004, by visiting
http://brodsky-smith.com/915-infa-informatica-corporation.html, or
calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and class action lawsuits. The attorneys at Brodsky
& Smith have been appointed by numerous courts throughout the
country to serve as lead counsel in class actions and have
successfully recovered millions of dollars for our clients and
shareholders. Attorney advertising. Prior results do not guarantee
a similar outcome.
Brodsky & Smith, LLCJason L. Brodsky, EsquireEvan J. Smith,
Esquire877-LEGAL-90http://brodsky-smith.com/915-infa-informatica-corporation.html
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