Under the terms of the transaction, Interactive Intelligence shareholders will receive only either $60.50 in cash for each share of Interactive Intelligence stock they own. The investigation concerns whether the Board of Interactive Intelligence breached their fiduciary duties to shareholders and whether Genesys is underpaying for the Company. The transaction may undervalue the Company and would result is a loss for many long term holders of Interactive Intelligence stock. For example, Interactive Intelligence stock traded at $79.63 on February 1, 2014 and an analyst has set a $67.00 per share price target for Interactive Intelligence stock.
If you own shares of Interactive Intelligence 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/1114-inin-interactive-intelligence-group-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.
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