NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of BroadSoft, Inc. (NASDAQ:BSFT) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Cisco Systems Inc. Under the terms of the deal, BroadSoft shareholders will receive will receive $55 for each share of BroadSoft stock they own.
The investigation concerns whether the BroadSoft Board of Directors breached their fiduciary duties to BroadSoft stockholders by failing to adequately shop the Company before entering into this transaction and whether Cisco Systems Inc. is underpaying for BroadSoft shares, thus unlawfully harming BroadSoft stockholders.
If you own common stock in BroadSoft and wish to obtain additional information, please contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.425.1140, or http://docs.wongesq.com/BSFT-Info-Request-Form-1721.
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.
