XTLY Xactly Corporation

XACTLY CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout

Rigrodsky & Long, P.A.:

  • Do you own shares of Xactly Corporation (NYSE: XTLY)?
  • Did you purchase any of your shares prior to May 30, 2017?
  • Do you think the proposed buyout is fair?
  • Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Xactly Corporation (“Xactly” or the “Company”) (NYSE: XTLY) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Vista Equity Partners (“Vista”) in a transaction valued at approximately $564 million. Under the terms of the agreement, shareholders of Xactly will receive $15.65 in cash for each share of Xactly common stock.

Click here to learn more: http://rigrodskylong.com/investigations/xactly-corporation-xtly.

If you own common stock of Xactly and purchased any shares before May 30, 2017, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail at [email protected]; or at: http://rigrodskylong.com/investigations/xactly-corporation-xtly.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities fraud, shareholder corporate, and shareholder derivative litigation on behalf of shareholders in state and federal courts throughout the United States.

Attorney advertising. Prior results do not guarantee a similar outcome.

EN
30/05/2017

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Xactly Corporation

 PRESS RELEASE

Vista Equity Partners Completes Acquisition of Xactly

SAN JOSE, Calif.--(BUSINESS WIRE)-- Xactly (NYSE:XTLY), a leading provider of cloud-based incentive solutions, today announced that it has been acquired by Vista Equity Partners ("Vista"), a leading private equity firm focused on investments in software, data and technology-enabled businesses. The transaction, originally announced on May 30, 2017, was completed on July 31, 2017. Xactly's stockholders approved the acquisition on July 28, 2017. The acquisition - which combines Xactly's product and industry leadership with Vista...

 PRESS RELEASE

Xactly Named Top Workplace by Bay Area News Group for the 5th Time

SAN JOSE, Calif.--(BUSINESS WIRE)-- Xactly, (NYSE:XTLY) a leading provider of cloud-based incentive solutions, has been recognized as a Top Workplace by Bay Area News Group for the fifth time. Xactly was noted for its high workplace satisfaction and unique culture that inspires and rewards employees for doing great work. The companies listed are chosen solely on surveys about the workplace completed by their own employees. Xactly has received more than a dozen best or top workplace recognitions, demonstrating a stand out cult...

A director sold 265,543 shares at 15.553USD and

A director at Xactly Corp sold 265,543 shares at 15.553USD and the significance rating of the trade was 70/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearl...

 PRESS RELEASE

Xactly Powers Compliance for New Commission Expense Accounting Require...

SAN JOSE, Calif.--(BUSINESS WIRE)-- Xactly (NYSE:XTLY), a leading provider of cloud-based incentive solutions, today announced the general availability of the Xactly Commission Expense Accounting (CEA) solution to power compliance with new expense capitalization requirements for commissions under the Revenue Recognition Standard ASC 606 and IFRS15. Xactly CEA gives businesses an end-to-end solution to capture, track, record, and report commission data at the level needed for capitalizing commission expenses in accordance with t...

 PRESS RELEASE

The Law Offices of Vincent Wong Remind Investors of an Investigation i...

NEW YORK--(BUSINESS WIRE)-- The Law Offices of Vincent Wong are investigating the Board of Directors of Xactly Corporation (NYSE:XTLY) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Vista Equity Partners. Under the terms of the deal, Xactly shareholders will receive $15.65 per share. The investigation concerns whether the Xactly Board of Directors breached their fiduciary duties to Xactly stockholders by failing to adequately shop the Company before ente...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch