BALA CYNWYD, Pa., April 18, 2016 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Cvent, Inc.
("Cvent" or "the Company") (NYSE- CVT-News) for possible breaches
of fiduciary duty and other violations of state law in connection
with the sale of the Company to affiliates of Vista Equity
Partners. ("Vista").
Click here to learn more about the investigation
http://brodsky-smith.com/1062-cvt-cvent-inc.html, or call:
877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Cvent shareholders will
receive only $36.00 in cash for each
share of Cvent stock they own. The investigation concerns whether
the Board of Cvent breached their fiduciary duties to
shareholders and whether Vista is underpaying for the Company. The
transaction may undervalue the Company and would result in no real
gain or a loss for many Cvent shareholders. For example, Cvent
stock traded at $36.88 per share on
December 7, 2015 and an analyst has
set a $43.00 per share price target
for Cvent stock.
If you own shares of Cvent 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://brodsky-smith.com/1062-cvt-cvent-inc.html, 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.
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SOURCE Brodsky & Smith, LLC