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BroadSoft, Inc. (BSFT)

NASDAQ:BSFT

Summary

Faruqi & Faruqi, LLP Announces the Investigation of BroadSoft, Inc. (BSFT) Over the Proposed Sale of the Company to Cisco Systems, Inc.

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating the Board of Directors of BroadSoft, Inc.  (“BroadSoft” or the “Company”) (NASDAQ:BSFT) for potential breaches of fiduciary duties in connection with the sale of the Company to Cisco Systems, Inc. for approximately $1.9 billion.  The Company’s shareholders will only receive $55.00 in cash for each share of BroadSoft common stock they own.

The investigation focuses on whether BroadSoft’s Board of Directors breached their fiduciary duties to the Company’s shareholders by failing to conduct a fair sale process and whether and by how much this proposed transaction undervalues the Company to the detriment of BroadSoft’s shareholders.

Take Action

If you own common stock in BroadSoft and wish to obtain additional information and protect your investments free of charge, please fill out the form below.  You can also contact Nadeem Faruqi, Esq. either via e-mail at nfaruqi@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330 or James M. Wilson, Jr., Esq. at jwilson@faruqilaw.com.

Request Information

Please tell us about yourself by completing the form below and we will provide you with additional
information at no cost to you on how to join the Class Action.

  • Company:
    BroadSoft, Inc. (BSFT)
  •    

* The submission of this form does not create an attorney-client relationship.

Contact Counsel

Nadeem Faruqi
James M. Wilson, Jr.
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330

Email:

Case Details

Date:

  • 11/29/2017

Send Information

If you have information regarding this case that you would like to make available, please click here to contact us about our investigation.