SHAREHOLDER ALERT:  Brodsky & Smith, LLC Announces an Investigation of Sajan, Inc. -SAJA

 

BALA CYNWYD, May 19, 2017 /Access Wire/ – Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Sajan, Inc. (“Sajan” or “the Company”) (Nasdaq- SAJA-News) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to AMPLEXOR International SA. (“AMPLEXOR”).

Under the terms of the transaction, Sajan shareholders will receive only $5.83 in cash for each share of Sajan stock they own. The investigation concerns whether the Board of  Sajan breached their fiduciary duties to shareholders and whether AMPLEXOR is underpaying for the Company. The transaction may undervalue the Company and would result in a loss for many Sajan shareholders. For example, shares of Sajan stock have traded above the price being paid by AMPLEXOR and an analyst has set a price target for Sajan stock at $6.00 per share.

If you own shares of Sajan stock and wish to discuss the legal ramifications of  the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA  19004, or calling toll  free 877-LEGAL-90.

Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.