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4-Traders Homepage  >  Equities  >  Nasdaq  >  Covisint Corp    COVS

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Shareholder Alert: Monteverde & Associates PC Announces An Investigation Of Covisint Corporation - COVS

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06/16/2017 | 10:07pm CEST

NEW YORK, June 15, 2017 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a boutique securities firm headquartered at the Empire State Building in New York City, is investigating Covisint Corporation. ("Covisint" or the "Company") (NasdaqGS: COVS) relating to the sale of the Company to affiliates of OpenText Corporation. As a result of the merger, Covisint shareholders are only anticipated to receive $2.45 per share in cash in exchange for each share of Covisint.

Click here for more information: http://monteverdelaw.com/investigations/m-a/. It is free and there is no cost or obligation to you.

The investigation focuses on whether Covisint and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company's stockholders by 1) failing to conduct a fair process 2) whether and by how much this proposed transaction undervalues the Company by and 3) failing to disclose all material financial information in connection with the upcoming shareholder meeting.

Monteverde & Associates PC is a boutique class action securities and consumer litigation law firm that has recovered millions of dollars and is committed to protecting shareholders and consumers from corporate wrongdoing. Monteverde & Associates PC lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions, whereby they protect investors by recovering money and remedying corporate misconduct.

If you own common stock in Covisint and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341.

Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
[email protected]
Tel: (212) 971-1341

Attorney Advertising. (C) 2017 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert-monteverde--associates-pc-announces-an-investigation-of-covisint-corporation--covs-300475425.html

SOURCE Monteverde & Associates PC

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Samuel M. Inman President, Chief Executive Officer & Director
John F. Smith Non-Executive Chairman
Steven R. Asam Senior VP-Delivery, Operations & Engineering
Enrico Digirolamo Chief Financial Officer
Barry M. Goldsmith Independent Director
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