Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor, LLP are investigating the sale of JDA Software Group, Inc. (“JDA”) (NasdaqGS: JDAS) to Bayer RedPrairie for shareholders. Under the proposed sale, JDA shareholders will only receive $45 in cash for each share of JDA common stock owned in a deal valued at approximately $1.9 billion.
If you are an affected investor, and you want to learn more about the lawsuit or join the action, contact Patrick Powers at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at firstname.lastname@example.org, or Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 706-9314, or via email at WBriscoe@TheBriscoeLawFirm.com. There is no cost or fee to you.
The JDA sale investigation centers on whether JDA shareholders are receiving adequate compensation for their shares in the buyout, whether the transaction undervalues JDA stock, and whether JDA’s board attempted to obtain the highest share price for all shareholders prior to agreeing to the deal. Shareholder rights attorney Willie Briscoe stated that “Due in part to the size of the deal, we believe that the transaction may undervalue JDA stock. Our lawsuit will seek to obtain the highest share price for all shareholders.”
The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.