Wolf Haldenstein Announces Investigation of Quest Software, Inc. Board on Behalf of Large Stockholders & Institutional Invest...

Attorney Advertising. The law firm of Wolf Haldenstein Adler Freeman & Herz LLP is investigating possible breaches of fiduciary duty by the Board of Directors of Quest Software, Inc. (“Quest” or the “Company”) [NASDAQ:QSFT] arising out of the proposed going private acquisition of Quest by affiliates of Insight Venture Partners (“Insight”) on behalf of large stockholders and institutional investors.

On Friday, March 9, 2012, Quest announced that Insight will acquire Quest pursuant to an all cash offer. Under the terms of the agreement, Quest stockholders not affiliated with Insight will receive cash of $23.00 in exchange for each share of Quest common stock. Quest’s Chairman and CEO, Vinny Smith, will continue to lead the privately owned entity and his shares will “roll over” into it as well. However, the Company may not have adequately shopped itself before entering into this transaction and, pursuant to this proposed transaction, Insight may be underpaying for Quest, thus unlawfully harming Quest shareholders.

Wolf Haldenstein has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in U.S. federal and state courts. Please visit the Wolf Haldenstein website (http://www.whafh.com) for more information about the firm.

If you own Quest common stock and you wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Attorney Advertising. Prior Results Do Not Guarantee A Similar Outcome.

Quest Software, Inc. (MM) (NASDAQ:QSFT)
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