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Shareholder Alert: The Ademi Firm Investigates Whether Sapiens International Corporation Is Obtaining a Fair Price for Its Public Shareholders

MILWAUKEE--(BUSINESS WIRE)--The Ademi Firm is investigating Sapiens (Nasdaq: SPNS) for possible breaches of fiduciary duty and other violations of law in its transaction with Advent.

Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you.

Shareholders of Sapiens will receive $43.50 per common share in cash, representing approximately $2.5 billion in the aggregate. Unlike public shareholders, Sapiens shareholder Formula Systems (1985) Ltd. will retain its stake in Sapiens.

Sapiens insiders will receive substantial benefits as part of change of control arrangements.

The transaction agreement unreasonably limits competing transactions for Sapiens by imposing a significant penalty if Sapiens accepts a competing bid. We are investigating the conduct of the Sapiens board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Ademi & Fruchter LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

Ademi & Fruchter LLP

NASDAQ:SPNS

Release Versions

Contacts

Ademi & Fruchter LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

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