SAN DIEGO, May 19, 2016 /PRNewswire/ -- Shareholder rights law
firm Johnson & Weaver, LLP has launched an investigation into whether the board members of inContact, Inc. (NASDAQ: SAAS)
breached their fiduciary duties in connection with the proposed sale of the Company to NICE Systems (NASDAQ: NICE).
Additional Information:
inContac provides cloud contact center software solutions and network connectivity services in the
United States.
On May 18, 2016, InContact announced it had signed a definitive merger agreement with NICE
Systems. Under the terms of the agreement, inContact stockholders will receive $14.00 per share in
cash.
The investigation concerns whether the inContact board failed to satisfy their duties to the Company shareholders, including
whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for
inContact shares of common stock. Nationally recognized Johnson & Weaver is investigating whether the proposed deal price
represents adequate consideration; especially given that the price target for one Wall Street analyst is $16.00.
If you are a shareholder of inContact and believe the proposed buyout price is too low or you're interested in learning
more about the investigation or your legal rights and remedies, please contact lead analyst Jim
Baker (jimb@johnsonandweaver.com) at
619-814-4471. If emailing, please include a phone number where you can be reached.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm
represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more
information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.
Contact:
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
jimb@johnsonandweaver.com
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SOURCE Johnson & Weaver, LLP