Investor Sues Software Company’s Directors Over Proposed Merger Deal

(June 16, 2017, 2:00 PM EDT) -- SAN FRANCISCO — A software company, its CEO and its board of directors filed documents in connection with a proposed merger deal that lacked adequate financial information necessary for shareholders to make an informed decision on the proposed deal, a shareholder argues in a May 24 securities class action complaint filed in California federal court (Bryan Ward v. Jive Software Inc., et al., No. 17-2993, N.D. Calif.)....

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