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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of The Ultimate Software Group Inc (NASDAQ: ULTI) acted responsibly on behalf of investors’ profitability in the planned sale to an investor group led by Hellman & Friedman.
On March 26, 2019, The Ultimate Software Group Inc (NASDAQ: ULTI) announced that they had entered into a merger agreement. Under the terms of the merger agreement, shareholders of Ultimate will receive only $331.50 in cash for each share of Ultimate that they own.
Based in Weston, Florida, and founded in 1990 The Ultimate Software Group Inc provides cloud-based human capital management solutions to enterprise companies, mid-market companies, and companies in the strategic market, internationally.
The investigation focuses on whether NASDAQ: ULTI investors received the highest price and whether the directors of The Ultimate Software Group Inc acted in the best interest of The Ultimate Software Group Inc company and its shareholders.
If you purchased The Ultimate Software Group Inc (NASDAQ: ULTI) prior to March 26, 2019, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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