NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of Callidus Software Inc. (aka CallidusCloud) (NASDAQ: CALD) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to SAP SE (NYSE: SAP). Under the terms of the deal, Callidus Software shareholders will receive $36 for each Callidus Software share they own.
The investigation concerns whether the Callidus Software Board of Directors breached their fiduciary duties to Callidus Software stockholders by failing to adequately shop the Company before entering into this transaction and whether SAP SE is underpaying for Callidus Software shares, thus unlawfully harming Callidus Software stockholders.
If you own common stock in Callidus Software and wish to obtain additional information, please contact Vincent Wong, Esq. either via email email@example.com, by telephone at 212.425.1140, or http://docs.wongesq.com/CALD-Info-Request-Form-1806.
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.