NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of Covisint Corporation (NASDAQGS:COVS) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to OpenText (NASDAQ:OTEX). Under the terms of the deal, Covisint shareholders will receive $2.45 per share.
The investigation concerns whether the Covisint Board of Directors breached their fiduciary duties to Covisint stockholders by failing to adequately shop the Company before entering into this transaction and whether OpenText is underpaying for Covisint shares, thus unlawfully harming Covisint stockholders.
If you own common stock in Covisint and wish to obtain additional information, please contact Vincent Wong, Esq. either via email email@example.com, by telephone at 212.425.1140, or visit http://docs.wongesq.com/COVS-Info-Request-Form-1623.
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.