Finkelstein Thompson LLP Announces Investigation of Phase Forward Incorporated

Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Phase Forward Incorporated (NASDAQ:PFWD) ("Phase Forward" or the "Company") arising from the proposed sale of the Company to Oracle Corporation in a transaction valued at approximately $685 million. Under the terms of the agreement, Phase Forward shareholders will receive $17.00 in cash for each share owned.

The investigation is focused on the potential unfairness of the price to Phase Forward shareholders and the process by which the Company's Board of Directors considered and approved the transaction. In particular, Phase Forward stock was trading above $17.00 per share as recently as November 17, 2009, and at least one analyst has set a target price for the stock at $18.00 per share.

If you are interested in discussing your rights as a Phase Forward shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC office at (877) 337-1050 or by email at contact@finkelsteinthompson.com.

Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.

To learn more about Finkelstein Thompson LLP, please visit our web site at www.finkelsteinthompson.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Phase Forward (NASDAQ:PFWD)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024