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Ariba, Inc. (NASDAQ:ARBA) Investor Files Lawsuit Against Directors Over Alleged Breaches Of Fiduciary Duties In Takeover

  • If you purchased shares of Ariba, Inc. (NASDAQ:ARBA) prior to May 22, 2012 and currently hold any of those NASDAQ:ARBA shares, you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Lawsuit Overview

May 31, 2012 (Shareholders Foundation) -- An investor in NASDAQ:ARBA shares filed a lawsuit against member of the board of directors of Ariba, Inc. in effort to block the proposed takeover of Ariba, Inc. at $45 per NASDAQ:ARBA share. The plaintiff alleges that the defendants breached their fiduciary duties owed to NASDAQ:ARBA investors arising out of the attempt to sell the company t...



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