XACTLY CORPORATION SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe Believes the Acquisition by Vista Equity
Partners May be Unfair to Shareholders
Former United States Securities and Exchange Commission attorney Willie Briscoe is investigating potential claims against the Board of Directors of Xactly Corporation (“Xactly”)
(NYSE: XTLY) concerning the acquisition by Vista Equity Partners. Under the terms of the agreement, valued at approximately $564
million, Xactly shareholders will only receive $15.65 per Xactly share owned. The consideration is significantly lower than at
least one analyst’s estimated value of $20.00.
If you are an affected investor, and you want to learn more about the investigation or if you have information that you believe
would be helpful to our investigation of the fairness of the proposed transaction, contact Willie Briscoe at The Briscoe Law Firm,
PLLC via email at shareholders@thebriscoelawfirm.com or by
calling (888) 809-2750. There is no cost or fee to you.
The investigation centers on whether Xactly’s Board of Directors is acting in the shareholders’ best interests, whether the
board considered alternatives to the acquisition, and whether the board has employed an adequate process to review and act on the
proposed transaction. Notably, at least one analyst with Yahoo! Finance believes the true inherent value of Xactly could be as high
as $20.00 per share.
The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more
than 20 years of experience in complex litigation matters, including claims of investor and stockholder fraud, shareholder
derivative suits, and securities class actions.
The Briscoe Law Firm, PLLC
Willie Briscoe, 888-809-2750
shareholders@thebriscoelawfirm.com
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