Science & Technology
Tue, December 6, 2011 
WILMINGTON, Del.--([ BUSINESS WIRE ])--[ Rigrodsky & Long, P.A. ] announces that it is investigating potential claims against the board of directors of SuccessFactors, Inc. (aSuccessFactorsa or the aCompanya) (Nasdaq: [ SFSF ]) concerning possible breaches of fiduciary duty and other violations of law related to the Companyas entry into an agreement to be acquired by SAP AG (aSAPa) in a transaction with an approximate enterprise value of $3.4 billion.
Click here to learn more and to discuss your shareholder rights: [ http://investigations.rigrodskylong.com/successfactors-inc-sfsf/ ].
Under the proposed agreement, SAP will commence a tender offer to acquire all of the outstanding shares of SuccessFactorsa common stock at a price of $40.00 per share in cash.
The investigation concerns whether SuccessFactorsa board of directors adequately shopped the Company to obtain the best price possible for SuccessFactorsa shareholders before entering into the agreement with SAP. Indeed, according to Yahoo! Finance, at least one analyst has set a price target of $45.00 per share for SuccessFactors stock.
If you own the common stock of SuccessFactors and purchased your shares before December 3, 2011, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact [ Seth D. Rigrodsky, Esquire ] or [ Noah R. Wortman, Case Development Director ], of Rigrodsky & Long, P.A., 919 N. Market Street, Suite 980, Wilmington, Delaware 19801, by telephone at (888) 969-4242, or by e-mail to [ info@rigrodskylong.com ].
[ Rigrodsky & Long, P.A. ], with offices in Wilmington, Delaware and Garden City, New York, regularly litigates [ securities class, derivative and direct actions, shareholder rights litigation ] and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.
