Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Rally Software Development Corp (NYSE: RALY) acted responsibly on behalf of investors’ profitability in the planned $480 million sale to CA, Inc (NASDAQ: CA) 

On May 27, 2015, Rally Software Development Corp (NYSE: RALY) and CA, Inc (NASDAQ: CA) announced that they had entered into a merger agreement. Under the terms of the merger agreement, CA, Inc will offer Rally shareholders $19.50 per share in cash for all outstanding shares.    

Based in Boulder, CO, and founded in 2001 Rally Software Development Corp is a software vendor whose cloud-based products and platform provide Agile management solutions for planning, collaborating, tracking, and reporting on the creation of new software products and applications.

The investigation is looking to uncover whether Rally Software Development Corp was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $24.00 per share.

If you purchased Rally Software Development Corp (NYSE: RALY) prior to May 27, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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