Faruqi & Faruqi, LLP Announces Investigation of Ness Technologies, Inc.

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating and monitoring the conduct of the Board of Directors of Ness Technologies, Inc. (“Ness” or the “Company”) (NasdaqGS: NSTC) in relation to the sale of the Company to a Citigroup Inc. private-equity fund for about $307 million. The proposed transaction offers Ness’ shareholders $7.75 per share in cash. According to Yahoo! Finance, at least one financial analyst has set a price target of $8.00 for Ness.

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Whether Ness’ Board of Directors is acting in accordance with their fiduciary duties to Ness’ stockholders to conduct an adequate and fair sales process to sell the Company, whether the proposed transaction undervalues Ness’ shares, whether Ness’ Board of Directors is adequately negotiating a price increase for the proposed transaction, and by how much this proposed transaction undervalues the Company to the detriment of Ness’ shareholders are the key focus of this investigation.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, through all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm’s clients.

If you own common stock in Ness and wish to obtain additional information, please visit us at www.faruqilaw.com/NSTC or contact Juan E. Monteverde, Esq. either via email at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

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