{"id":508340,"date":"2021-06-30T10:27:15","date_gmt":"2021-06-30T14:27:15","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-kaskela-law-llc-announces-investigation-of-qad-inc-qada-following-privatization-agreement-and-encourages-stockholders-to-contact-the-firm\/"},"modified":"2021-06-30T10:27:15","modified_gmt":"2021-06-30T14:27:15","slug":"shareholder-alert-kaskela-law-llc-announces-investigation-of-qad-inc-qada-following-privatization-agreement-and-encourages-stockholders-to-contact-the-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-kaskela-law-llc-announces-investigation-of-qad-inc-qada-following-privatization-agreement-and-encourages-stockholders-to-contact-the-firm\/","title":{"rendered":"SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of QAD Inc. (QADA) Following Privatization Agreement and Encourages Stockholders to Contact the Firm"},"content":{"rendered":"<div class=\"mw_release\">\n<p>PHILADELPHIA, June  30, 2021  (GLOBE NEWSWIRE) &#8212; Kaskela Law LLC announces that it is investigating QAD Inc. (\u201cQAD\u201d) (NASDAQ: QADA) on behalf of the company\u2019s stockholders.<\/p>\n<p>On June 28, 2021, QAD announced that it had entered into an agreement to be acquired by private equity firm Thoma Bravo at a price of $87.50 per share in cash. Following the closing of the proposed transaction, shares of QAD\u2019s common stock will no longer be publicly traded.<\/p>\n<p>The investigation seeks to determine whether $87.50 per share represents sufficient consideration to be paid to QAD stockholders for their shares, and whether QAD\u2019s officers and\/or directors violated the securities laws or breached their fiduciary duties in agreeing to sell the company to Thoma Bravo.<\/p>\n<p>QAD stockholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (484) 258 \u2013 1585, or by email at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=YEqcwwPCS1ptgYixnrNdMKrQ_rMxhR2jh5Osjv9oor4F_X2ivnMp7viqC3p-Ja7Y7qvp65jbz1ag7YVSCz9jM_VxIUXNzoDi8OMYgnJv-qA=\" rel=\"nofollow noopener\" target=\"_blank\">skaskela@kaskelalaw.com<\/a> or online at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ST5bwWvk4FqxDuIljoTHijbKPstXFnR9Z1Wk2SrDXA7eEkWBcmFDH_HItOiKA1qCwggflZAaJSMxXL3Od_I7borhKhK3Ui7Av9mJe-6jBnumYe3HXEvqrm6AvF3_p_kR\" rel=\"nofollow noopener\" target=\"_blank\"><strong><em>https:\/\/kaskelalaw.com\/case\/qad-inc\/<\/em><\/strong><\/a>, to receive additional information about this investigation and their legal rights and options.<\/p>\n<p>Kaskela Law LLC represents investors in securities fraud, corporate governance, and merger &amp; acquisition litigation. For additional information about Kaskela Law LLC please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=0oGxlaqAhevu9cqPZpQfUykcAiA-yO8wezcty84ZjJQb0T-nfczlixqY3O9z12VoGpKmp6rGveztojRGgVjfOeR-c0PBsTlheTpZQl5zgyU=\" rel=\"nofollow noopener\" target=\"_blank\">www.kaskelalaw.com<\/a>.<\/p>\n<p>\n        <strong>CONTACT:<\/strong>\n      <\/p>\n<p>D. Seamus Kaskela, Esq.<br \/><strong>KASKELA LAW LLC<\/strong><br \/>18 Campus Boulevard, Suite 100<br \/>Newtown Square, PA 19073<br \/>(484) 258 \u2013 1585<br \/>(888) 715 \u2013 1740<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=0oGxlaqAhevu9cqPZpQfUzCwRaON9DMTDbs0DfydnZ8sEQGZkS_Nxl4dEhW0lH_MYVKlADmEQMV3L_v-qX63ZLNNk9HrDyoorjZQdsjDeMw=\" rel=\"nofollow noopener\" target=\"_blank\">www.kaskelalaw.com<\/a><br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=YEqcwwPCS1ptgYixnrNdMKrQ_rMxhR2jh5Osjv9oor4yO8ey1cuJCxk8ZxjPdEo7LNz0l5c9GMcfpW8xdEyvmZ76V6SSG4HK8YfNinsXzWQ=\" rel=\"nofollow noopener\" target=\"_blank\">skaskela@kaskelalaw.com<\/a><\/p>\n<p>This notice may constitute attorney advertising in certain jurisdictions.<\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI3MzI1NyM0Mjc3MTcyIzIwOTk5MzU=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/6a410f19-ca7e-42ec-b110-4d802ccfd832\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>PHILADELPHIA, June 30, 2021 (GLOBE NEWSWIRE) &#8212; Kaskela Law LLC announces that it is investigating QAD Inc. (\u201cQAD\u201d) (NASDAQ: QADA) on behalf of the company\u2019s stockholders. On June 28, 2021, QAD announced that it had entered into an agreement to be acquired by private equity firm Thoma Bravo at a price of $87.50 per share in cash. Following the closing of the proposed transaction, shares of QAD\u2019s common stock will no longer be publicly traded. The investigation seeks to determine whether $87.50 per share represents sufficient consideration to be paid to QAD stockholders for their shares, and whether QAD\u2019s officers and\/or directors violated the securities laws or breached their fiduciary duties in agreeing to sell the company to Thoma Bravo. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-kaskela-law-llc-announces-investigation-of-qad-inc-qada-following-privatization-agreement-and-encourages-stockholders-to-contact-the-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of QAD Inc. (QADA) Following Privatization Agreement and Encourages Stockholders to Contact the Firm&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-508340","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of QAD Inc. 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(\u201cQAD\u201d) (NASDAQ: QADA) on behalf of the company\u2019s stockholders. On June 28, 2021, QAD announced that it had entered into an agreement to be acquired by private equity firm Thoma Bravo at a price of $87.50 per share in cash. Following the closing of the proposed transaction, shares of QAD\u2019s common stock will no longer be publicly traded. The investigation seeks to determine whether $87.50 per share represents sufficient consideration to be paid to QAD stockholders for their shares, and whether QAD\u2019s officers and\/or directors violated the securities laws or breached their fiduciary duties in agreeing to sell the company to Thoma Bravo. &hellip; Continue reading &quot;SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of QAD Inc. 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