WILMINGTON, Del.--(BUSINESS WIRE)--Rigrodsky & Long, P.A.:
- Do you own shares of E2open, Inc. (NASDAQ GM: EOPN)?
- Did you purchase any of your shares prior to February 5, 2015?
- Do you think the proposed buyout price is too low?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of E2open, Inc. (“E2open” or the “Company”) (NASDAQ GM: EOPN) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Insight Venture Partners (“Insight”), in a transaction valued at approximately $273 million.
Click here to learn more: http://www.rigrodskylong.com/investigations/e2open-inc-eopn.
Under the terms of the agreement, public shareholders of E2open would receive $8.60 in cash for each share of E2open they own.
The investigation concerns whether E2open’s board of directors failed to adequately shop the Company and obtain the best possible value for E2open’s shareholders before entering into an agreement with Insight. According to Yahoo! Finance, at least one analyst has issued a price target for E2open stock at $10.00 per share.
If you own the common stock of E2open and purchased your shares before February 5, 2015, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to firstname.lastname@example.org, or at: http://www.rigrodskylong.com/investigations/e2open-inc-eopn.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.
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