Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Borderfree Inc (NASDAQ: BRDR) acted responsibly on behalf of investors’ profitability in the planned $400 Million sale to Pitney Bowes Inc (NYSE: PBI).

On May 5, 2015, Borderfree Inc (NASDAQ: BRDR) and Pitney Bowes (NYSE: PBI) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Pitney Bowes will offer Borderfree shareholders $14.00 per share in cash for all outstanding shares.  

Based New York, NY, and formerly known as FiftyOne Inc. The Company was originally founded in 1999 and then changed its name to Borderfree Inc  in 2013.  Borderfree  is a cross-border ecommerce solutions provider.  The company operates a proprietary technology and services platform that allows retailers in the United States to transact with consumers in approximately 100 countries and territories worldwide

The investigation focuses on whether NASDAQ: BRDR investors received the highest price and whether the directors of Borderfree Inc acted in the best interest of Borderfree Inc company and its shareholders considering that  on March 21, 2014, Borderfree’s stock traded as high as $21.25. That same day the Company sold 5 million shares of stock in its initial public stock offering, raising $80 million in new capital.

If you purchased Borderfree Inc (NASDAQ: BRDR) prior to May 5, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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