The Law Firm of Weiss & Lurie Investigates Quest Software, Inc.

Weiss & Lurie, a national class action and shareholder rights law firm with offices in New York City and Los Angeles, is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Quest Software, Inc. (NASDAQ: QSFT) arising from its agreement for Quest to be acquired by affiliates of Insight Venture Partners (“Insight”) for $23.00 per share. The transaction is expected to close during the third quarter of 2012, subject to customary conditions.

Weiss & Lurie is investigating whether Quest’s Board acted in the best interests of Quest shareholders in approving this deal. Prior to the deal announcement, several analysts set the target price for Quest stock above $23.00, with the high target being $29.00 per share. Moreover, the Company’s stock traded above the offer price as recently as July 2011, and traded well over $24.00 after the deal was announced.

The Board may have approved the deal to further the interests of insiders. Quest Chairman and CEO Vinny Smith will, along with the existing senior management, continue to lead the Company after the closing of the proposed transaction, and his Quest shares will be “rolled over” into the surviving privately owned entity.

If you own Quest shares and would like more information about your rights as a shareholder or additional information concerning our investigation, please contact Julia J. Sun either by email at info@weisslurie.com or by telephone at (888) 593-4771.

Weiss & Lurie has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded institutions and individuals and obtained important corporate governance in these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or issuing materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at info@weisslurie.com or fill out the form on our website, http://www.weisslurie.com/contact/report_fraud/.

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