NEW YORK, Feb. 10, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of E2open, Inc. ("E2open" or the "Company") (NASDAQ: EOPN) concerning the proposed acquisition of the Company by Insight Venture Partners, Inc. ("Insight").
Under the terms of the transaction, Insight would purchase E2open in a transaction valued at approximately $273 million. E2open shareholders would receive $8.60 in cash per share owned.
Our investigation concerns whether the E2open board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders.
If you own E2open shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Benjamin I. Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
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Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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