Wohl & Fruchter Initiates Investigation into Acquisition of Epicor Software Corporation (NASDAQ: EPIC) by Apax Partners

The law firm of Wohl & Fruchter LLP has commenced an investigation into the acquisition of Epicor Software Corporation (NASDAQ: EPIC) (Epicor) by Apax Partners (Apax).

Epicor has announced that it has entered into a definitive agreement to be acquired by Apax for $12.50 per share in cash, representing a premium of 11.2% over the company’s closing stock price prior to announcement of the acquisition.

In light of (1) the low premium to the pre-announcement trading price of Epicor, and (2) the acquisition of the company by a financial acquirer that is likely to retain incumbent management on terms substantially more favorable than existing employment arrangements, our investigation concerns whether the company’s board of directors conducted an adequate and independent process to achieve the maximum sale price reasonably available for the company.

Additional information is available at www.wohlfruchter.com/cases/epic.

Persons with relevant information and Epicor shareholders with questions about this investigation are invited to contact our Firm.

About Wohl & Fruchter

Wohl & Fruchter LLP represents plaintiffs in litigation arising from fraud and other fiduciary breaches by corporate managers, as well as other complex litigation matters. Please visit our website, www.wohlfruchter.com, to learn more about our Firm, or contact one of our partners.

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