Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Yodlee Inc (NASDAQ: YDLE) acted responsibly on behalf of investors’ profitability in the planned $590 Million sale to Envestnet Inc (NYSE: ENV). 

On August 10, 2015, Yodlee Inc (NASDAQ: YDLE) and Envestnet Inc (NYSE: ENV) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Yodlee shareholders will receive $10.78 per share in cash and $8.10 per share in Envestnet stock.  

Based in Redwood City, CA, and founded in 1999 Yodlee Inc offers a cloud-based financial services technology and applications platform. It serves financial institutions, as well as internet service companies providing financial solutions, and third-party developers of financial applications. 

The investigation is looking to uncover whether Yodlee Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $19.00 per share. 

If you purchased Yodlee Inc (NASDAQ: YDLE) prior to August 10, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324. 

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