NEW YORK, Aug. 12, 2015 /PRNewswire/ -- Morgan & Morgan announces that it is investigating potential claims against the board of directors of Yodlee, Inc. ("Yodlee" or the "Company") (NasdaqGS: YDLE) concerning possible breaches of fiduciary duty and other violations of law related to the sale of the Company to Envestnet, Inc. ("Envestnet") in a transaction valued at approximately $590 million.
If you own shares of Yodlee and would like to learn more about the Yodlee shareholder investigation, you may contact Morgan & Morgan at 1(800) 732-5200 or email firstname.lastname@example.org.
Under the terms of the transaction, Yodlee shareholders will receive $10.78 in cash and $8.10 in Envestnet stock for each share of Yodlee stock they own. The investigation relates to whether the sale is fair to the public shareholders and if the Company's Board of Directors breached their fiduciary duties to shareholders.
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