BALA CYNWYD, PA / ACCESSWIRE / May 14, 2019 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Amber Road, Inc. ("Amber Road" or "the Company") (NYSE - AMBR -News) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to E2open.
Click here to learn more http://www.brodskysmith.com/cases/amber-road-inc-nyse-ambr/, or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Amber Road shareholders will receive only $13.05 in cash for each share of Amber Road stock they own. The investigation concerns whether the Board of Amber Road breached their fiduciary duties to shareholders and whether E2open is underpaying for the Company. The transaction may undervalue the Company and would result in a loss for many long-term Amber Road shareholders. For example, shares of Amber Road have traded at $17.34 per share and an analyst has placed a $14.00 per share price target on the stock.
If you own shares of Amber Road 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://www.brodskysmith.com/cases/amber-road-inc-nyse-ambr/, 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.
SOURCE: Law office of Brodsky & Smith, LLC