Bernstein Liebhard LLP Investigates Quest Software, Inc.'s (QSFT) Agreement to Become Private Company

^{Published on 2012-03-09 08:06:23 - Market Wire}
 

Bernstein Liebhard LLP Investigates Quest Software, Inc.'s (QSFT) Agreement to Become Private... -- NEW YORK, March 9, 2012 /PRNewswire/ --

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NEW YORK, March 9, 2012 /PRNewswire/ -- [ Bernstein Liebhard LLP ] is investigating whether the Board of Directors of Quest Software, Inc. ("Quest" or the "Company") (NASDAQ: [ QSFT ]) is breaching its fiduciary duty to its shareholders in connection with the definitive agreements it has entered into with affiliates of Insight Venture Partners ("Insight"), to take the Company private.

(Logo: [ http://photos.prnewswire.com/prnh/20120202/MM47134LOGO ] )

Under the terms of the agreement, Quest (QSFT) shareholders not affiliated with the buyout group would receive $23.00 per share in cash for each share of common stock they own.  The investigation is focused on the potential unfairness of the price to Quest (QSFT) shareholders and the process by which the Quest (QSFT) Board of Directors considered and approved the transaction.

If you are interested in discussing your rights as a Quest (QSFT) shareholder and/or have information relating to the matter, please contact U. Seth Ottensoser at

(877) 779-1414
Or
[ Ottensoser@bernlieb.com ].

[ Bernstein Liebhard ] has pursued hundreds of securities, [ consumer ] and shareholder rights cases and recovered over $3 billion for its clients.  It has been named to The National Law Journal's "Plaintiffs' Hot List" in each of the last nine years.

Bernstein Liebhard LLP
10 East 40th Street
New York, New York 10016
(877) 779-1414
[ www.bernlieb.com ]

ATTORNEY ADVERTISING. © 2012 Bernstein Liebhard LLP.  The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414.  The lawyer responsible for this advertisement in the State of Connecticut is Mary U. Hoover.  Prior results do not guarantee or predict a similar outcome with respect to any future matter.

SOURCE Bernstein Liebhard LLP

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