NEW YORK, May 28, 2015 /PRNewswire/ -- Harwood Feffer LLP
(www.hfesq.com) is investigating potential claims against the board
of directors of Rally Software Corp. ("Rally" or the "Company")
(NYSE: RALY) concerning the proposed acquisition of the Company by
CA, Inc. ("CA") (NASDAQ: CA).
Under the terms of the transaction, CA would acquire Rally for
approximately $480 million.
Rally shareholders would receive $19.50 per share in cash. According to
Yahoo Finance, the mean analyst target price for Rally stock is
$20.75 per share and at least one
analyst has set a target price of $24.00 per share.
Our investigation concerns whether the Rally board of directors
is fulfilling its fiduciary duties, maximizing the value of the
Company, disclosing all material benefits and costs, and obtaining
full and fair consideration for Company stockholders.
If you own Rally shares and wish to discuss this matter with us,
or have any questions concerning your rights and interests with
regard to this matter, please contact:
Benjamin I Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been
representing individual and institutional investors for many years,
serving as lead counsel in numerous cases in federal and state
courts. Please visit the Harwood Feffer LLP website
(http://www.hfesq.com) for more information about the firm.
Attorney Advertising. The law firm responsible for this
advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results
do not guarantee or predict a similar outcome with respect to any
future matter.
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SOURCE Harwood Feffer LLP