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SAAS Incontact, Inc. (MM)

13.99
0.00 (0.00%)
05 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Incontact, Inc. (MM) NASDAQ:SAAS NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 13.99 13.97 14.04 0 01:00:00

SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of inContact, Inc. - SAAS

21/05/2016 2:15am

PR Newswire (US)


Incontact, Inc. (MM) (NASDAQ:SAAS)
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BALA CYNWYD, Pa., May 20, 2016 /PRNewswire/ -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of inContact, Inc. ("inContact" or "the Company") (Nasdaq- SAAS-News) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Nice Systems Ltd. ("Nice Systems").

Click here to learn more about the investigation http://brodsky-smith.com/1076-saas-incontact-inc.html, or call: 877-534-2590. There is no cost or obligation to you.

Under the terms of the transaction, inContact shareholders will receive only $14.00 in cash for each share of inContact stock they own. The investigation concerns whether the Board of  inContact breached their fiduciary duties to shareholders and whether Nice Systems is underpaying for the Company. The transaction may undervalue the Company and may not maximize shareholder value. For example, an analyst has set a $16.00 per share price target for inContact stock.

If you own shares of inContact stock and wish to discuss the legal ramifications of  the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA  19004, by visiting http://brodsky-smith.com/1076-saas-incontact-inc.html, or calling toll  free 877-LEGAL-90.

Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert-brodsky--smith-llc-announces-investigation-of-the-board-of-directors-of-incontact-inc---saas-300272664.html

SOURCE Brodsky & Smith, LLC

Copyright 2016 PR Newswire

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