BALA CYNWYD, Pa., June 10, 2016 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Demandware, Inc.
("Demandware" or "the Company") (NYSE- DWRE-News) for possible
breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to Salesforce.com, Inc,
("Salesforce").
Click here to learn more about the investigation
http://brodsky-smith.com/1086-dwre-demandware-inc.html, or call:
877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Demandware shareholders will
receive only $75.00 in cash for each
share of Demandware stock they own. The investigation concerns
whether the Board of Demandware breached their fiduciary
duties to shareholders and whether Salesforce is underpaying for
the Company. The transaction may undervalue the Company and would
result in no real gain for many Demandware shareholders. Demandware
is the premier SaaS e-commerce platform vendor. Consequently, it
has been reported, that Salesforce is creating a new cloud called
commerce cloud which has Demandware at its core. In addition,
Demandware stock traded at $75.66 per
share on July 31, 2015 and an analyst
has set a price target for Demandware stock at $100.00 per share.
If you own shares of Demandware stock and wish to discuss the
legal ramifications of the investigation, or have any
questions, you may e-mail or call the law office of Brodsky &
Smith, LLC who will, without obligation or cost to you, attempt to
answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith,
LLC, Two Bala Plaza, Suite 510, Bala
Cynwyd, PA 19004, by visiting
http://brodsky-smith.com/1086-dwre-demandware-inc.html, or calling
toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and class action lawsuits. The attorneys at Brodsky
& Smith have been appointed by numerous courts throughout the
country to serve as lead counsel in class actions and have
successfully recovered millions of dollars for our clients and
shareholders. Attorney advertising. Prior results do not guarantee
a similar outcome.
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SOURCE Brodsky & Smith, LLC