Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of BroadSoft Inc (NASDAQ: BSFT) acted responsibly on behalf of investors’ profitability in the planned sale to Cisco Systems Inc.
On October 23, 2017, BroadSoft Inc (NASDAQ: BSFT) and Cisco Systems Inc announced that they had entered into a merger agreement. Under the terms of the merger agreement, Cisco will offer BroadSoft shareholders $55.00 per share in cash for all outstanding shares.
Based in Gaithersburg, Maryland, and founded in 1998 BroadSoft Inc provides software and services that enable telecommunications service providers to deliver hosted cloud-based unified communications (UC) to their enterprise customers in North America, Europe, the Middle East, and Africa.
The investigation focuses on whether NASDAQ: BSFT investors received the highest price and whether the directors of BroadSoft Inc acted in the best interest of BroadSoft Inc company and its shareholders.
If you purchased BroadSoft Inc (NASDAQ: BSFT) prior to October 23, 2017, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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