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| Protecting the Rights of Shareholders and Consumers |
i2 Technologies, Inc. Securities Litigation
i2 Technologies, Inc. (NasdaqGS: ITWO) shareholder litigation over alleged unfair takeover
On November 5, 2009, i2 Technologies, Inc. (“i2” or the “Company”) announced that it agreed to sell the Company to JDA Software
Group Inc ("JDA") (NasdaqGS: JDAS). Under the terms of the agreement, i2 shareholders will receive a combination of cash and
JDA stock valued at $18 for a total transaction value of approximately $434 million.
The investigation concerns whether the i2 Board of Directors have breached their fiduciary duties to stockholders by failing to
adequately shop the Company before entering into this transaction and whether JDA is underpaying for i2 shares, thus unlawfully
harming i2 stockholders.
On November 5, 2009, i2 Technologies, Inc. (“i2” or the “Company”) announced that it agreed to sell the Company to JDA Software
Group Inc ("JDA") (NasdaqGS: JDAS). Under the terms of the agreement, i2 shareholders will receive a combination of cash and
JDA stock valued at $18 for a total transaction value of approximately $434 million.
The investigation concerns whether the i2 Board of Directors have breached their fiduciary duties to stockholders by failing to
adequately shop the Company before entering into this transaction and whether JDA is underpaying for i2 shares, thus unlawfully
harming i2 stockholders.
