The Law Firm Of Weiss & Lurie Investigates The Acquisition Of Epicor Software Corporation
Weiss & Lurie, a national class action and shareholder rights law firm
with offices in New York City and Los Angeles, is investigating possible
breaches of fiduciary duty and other violations of law by the Board of
Weiss & Lurie, a national class action and shareholder rights law firm with offices in New York City and Los Angeles, is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Epicor Software Corporation (NASDAQ: EPIC) arising from its proposed acquisition by Apax Partners, a private equity firm. Under the terms of the tender offer, stockholders will receive $12.50 per share in cash for each Epicor share. The acquisition is expected to close in six to nine months. Shareholders representing approximately 19% of Epicor’s outstanding shares have entered into support agreements with Apax in connection with the transaction. Weiss & Lurie is investigating whether Epicor’s Board acted in the best interests of shareholders in approving the transaction and whether the Board properly sought to maximize shareholder value. Notably, several analysts set Epicor’s price target at or above $13.00, with a high target of $14.00. If you own Epicor shares and would like more information about your rights as a shareholder or additional information concerning our investigation, please contact Julia J. Sun either by email at email@example.com or by telephone at (888) 593-4771. Weiss & Lurie has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded institutions and individuals and obtained important corporate governance in these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (such as insider trading, waste of corporate assets, accounting fraud, or issuing materially misleading press releases or SEC filings), consumer fraud (such as false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at firstname.lastname@example.org or fill out the form on our website, http://www.weisslurie.com/contact/report_fraud/. Attorney Advertising. Past results do not guarantee a similar outcome.
Epicor Software Corporation (Nasdaq:EPIC) hit a new 52-week high Monday as it changed hands at $12.49 compared with its previous 52-week high of $11.40. Epicor Software is currently trading at $12.48 with 4.1 million shares changing hands as of 9:31 a.m.