{ "market" : {"NAME" : "U.S.", "ID" : "us_market", "TZ" : "ET", "TZOFFSET" : "-18000", "open" : "", "close" : "", "flags" : {}} , "STREAMER_SERVER" : "http://streamerapi.finance.yahoo.com","arrowAsChangeSign" : false,"throttleInterval": "1000"}
businesswire

Kendall Law Group Investigating i2 Technologies Takeover for Shareholders


  • Press Release
  • Source: Kendall Law Group
  • On 12:24 pm EST, Thursday November 5, 2009

DALLAS--(BUSINESS WIRE)--Kendall Law Group, founded by a former federal judge, today began an investigation on behalf of i2 Technologies (NASDAQ: ITWO - News) shareholders. The investigation concerns possible breaches of fiduciary duty in connection with the proposed acquisition by JDA Software Group for $396 million.

Related Quotes

SymbolPriceChange
ITWO18.27-0.09
Chart for i2 Technologies, Inc.
{"s" : "itwo","k" : "c10,l10,p20,t10","o" : "","j" : ""}

The proposed transaction is a 9 percent premium for i2 shareholders and is subject to a termination fee. Former federal judge Joe Kendall said, “The investigation concerns whether the consideration to be paid to shareholders is grossly unfair, inadequate, and substantially below the fair or inherent value of i2 and whether the directors and special committee members may have breached their fiduciary duties by not acting in the shareholders’ best interests in connection with the sale process.”

If you are a current holder of i2 and would like additional information concerning this proposed transaction, including your shareholder rights, contact Hamilton Lindley at 877-744-3728 or by email at hlindley@kendalllawgroup.com.

Kendall Law Group has substantial experience representing investors in mergers and acquisitions nationwide. Lawyers at the firm include a former Dallas United States Attorney, a federal judicial law clerk, a former Dallas state and federal judge in addition to experienced securities lawyers.

Contact:

Kendall Law Group, LLP
Hamilton Lindley, 214-744-3000
Toll Free: 877-744-3728
Facsimile: 214-744-3015
hlindley@kendalllawgroup.com
www.kendalllawgroup.com

Sponsored Links

Copyright © 2009 Business Wire. All rights reserved. All the news releases provided by Business Wire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials by posting, archiving in a public web site or database, or redistribution in a computer network is strictly forbidden.