Stull, Stull & Brody Announces Investigation on Behalf of Shareholders of i2 Technologies, Inc.
Attorney Advertising. Notice is hereby given that Stull, Stull & Brody
has commenced an investigation on behalf of shareholders of i2
Technologies, Inc. (“i2” or the “Company”) (Nasdaq: ITWO) for possible
breaches of fiduciary duty and other violations of state law in
connection with an agreement by i2’s Board of Directors to sell all of
the Company’s outstanding shares of common stock at a price of $18.00
per share in cash and stock to JDA Software Group, Inc. (“JDA”) (Nasdaq:
JDAS).
If you own the common stock of i2 and wish to obtain additional
information about this matter, please contact Stull, Stull & Brody at
the toll-free number listed below. Stull, Stull & Brody has litigated
many class actions for violations of securities laws and breaches of
fiduciary duties on behalf of defrauded investors over the past 40 years
and has obtained court approval of substantial settlements on numerous
occasions.
The investigation concerns the price to be paid by JDA to i2
shareholders and the process by which i2’s Board of Directors is
addressing the transaction. Under the terms of the proposed transaction,
i2 shareholders will receive approximately $12.70 in cash and 0.256
shares of JDA common stock with a combined value of $18.00 per i2 share.
Given the intrinsic value and future prospects of i2 stock and the fact
that its Board of Directors agreed to pay a termination fee of $15
million to JDA in the event i2 terminates the merger agreement in order
to accept a superior proposal, Stull, Stull & Brody is investigating
whether the members of i2’s Board of Directors breached their fiduciary
duties to i2’s shareholders by not acting in shareholders’ best
interests in connection with the proposed transaction.
If you wish to discuss this matter or have any questions concerning this
notice or your rights or interests with respect to this matter, please
contact Aaron Brody, Esq. at Stull, Stull & Brody by calling
1-800-337-4983 or 1-212-687-7230, or by email to ssbny@aol.com
or by writing to Stull, Stull & Brody, 6 East 45th
Street, New York, NY 10017.
Attorney advertising. Prior results do not guarantee a similar outcome.
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