Law Office of Brodsky & Smith, LLC Announces Investigation on Behalf of Shareholders of i2 Technologies, Inc.

• Press Release
• Source: Brodsky & Smith, LLC
• On 1:03 pm EST, Friday November 6, 2009

BALA CYNWYD, Pa.--(BUSINESS WIRE)--Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of i2 Technologies, Inc. (“i2” or the “Company”) (Nasdaq: ITWO - News) relating to the proposed merger with JDA Software Group, Inc. (“JDA”) (Nasdaq: JDAS - News).

Related Quotes

Symbol	Price	Change
ITWO	18.27	-0.09

{"s" : "itwo","k" : "c10,l10,p20,t10","o" : "","j" : ""}

Under the proposed agreement, i2 shareholders will receive a combination of approximately 0.256 shares of JDA common stock plus $12.70 in cash for each share of i2 common stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law related to the i2 Board’s approval of the proposed acquisition. The merger agreement contains a $15 million termination fee and concurrently with the execution of the merger agreement the directors and certain executive officers of i2 agreed to vote in favor of the merger agreement and against any other proposal or offer to acquire i2. This prevents other buyers from making offers for the company that may have resulted in increased compensation for the shareholders.

If you own shares of i2 and wish to discuss the legal ramifications of the proposed acquisition, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at clients@brodsky-smith.com, or by calling toll free 877-LEGAL-90.

Brodsky & Smith, LLC
Jason L. Brodsky, Esquire
Evan J. Smith, Esquire
877-LEGAL-90
clients@brodsky-smith.com