Faruqi & Faruqi, LLP’s national practice focuses on complex civil litigation. The firm practices in the areas of Securities, Merger & Transactional, Shareholder Derivative, Antitrust, Consumer Class Action, and Wage & Hour litigation.
Thursday, September 24, 2015
Faruqi & Faruqi Investigation: Solera Holdings Inc.
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Solera Holdings Inc. (“Solera” or the “Company”) (NYSE:SLH) for potential breaches of fiduciary duties in connection with the sale of the Company to Vista Equity Partners for approximately $3.74 billion in a cash transaction.
The Company’s stockholders will only receive $55.85 for each share of Company common stock they own. However, the offer represents an inadequate premium compared to the 52-week high of $58.43.