NEW YORK, May 29, 2015 /PRNewswire/ -- Securities lawyers at Dunnam & Dunnam are investigating the board of Rally Software Development Corp. (NYSE :RALY ) in connection with a buyout for only $19.50 per share. Concerned RALY investors are encouraged to contact attorney Hamilton Lindley by clicking here.
The investigation focuses upon the shareholder value of the transaction. Under terms of the proposed agreement, Rally shareholders would only receive $19.50 per share. However, an analyst has recently set a target price of $24.00 per share. The firm's potential shareholder lawsuit will seek to obtain the highest price reasonably available and that all important information about the deal is disclosed.
Dunnam & Dunnam has significant experience representing shareholders in securities lawsuits nationwide. RALY stockholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at firstname.lastname@example.org with questions, toll free at (844) 702-2990 or visit http://www.dunnamlaw.com/RALY.
SOURCE Dunnam & Dunnam