Sapient Corporation Shareholder Alert: Bernstein Liebhard LLP Announces Investigation of Acquisition by Publicis Groupe
November 05, 2014
Bernstein Liebhard LLP is investigating whether the Board of Directors of Sapient Corporation (“Sapient” or the “Company”) (NASDAQ: SAPE) breached its fiduciary duty to its shareholders in agreeing to sell Sapient to Publicis Groupe.
Under the terms of the agreement, Sapient shareholders will receive $25.00 in cash for each share they own. The investigation is focused on the potential unfairness of the price to Sapient shareholders and the process by which the Sapient Board of Directors considered and approved the transaction.
Bernstein Liebhard LLP 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 twelve years.