INVESTOR ALERT: Kaskela Law LLC Announces Investigation of QAD Inc. (QADA) and Encourages QADA Stockholders to Contact the Firm

Philadelphia, Pennsylvania--(Newsfile Corp. - June 28, 2021) - Kaskela Law LLC announces that it is investigating QAD Inc. ("QAD") (NASDAQ: QADA) on behalf of the company's stockholders.

On June 28, 2021, QAD announced that it had entered into an agreement to be acquired by private equity firm Thoma Bravo at a price of $87.50 per share in cash. Following the closing of the proposed transaction, shares of QAD's common stock will no longer be publicly traded.

The investigation seeks to determine whether $87.50 per share represents adequate consideration for QAD's shares, and whether QAD's officers and/or directors violated the securities laws or breached their fiduciary duties in agreeing to sell the company to Thoma Bravo.

QAD stockholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (484) 258 - 1585, or by email at skaskela@kaskelalaw.com or online at https://kaskelalaw.com/case/qad-inc/, to receive additional information about this investigation and their legal rights and options.

Kaskela Law LLC represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.

CONTACT:
D. Seamus Kaskela, Esq.

KASKELA LAW LLC
18 Campus Boulevard, Suite 100
Newtown Square, PA 19073
(484) 258 - 1585
(888) 715 - 1740
www.kaskelalaw.com
skaskela@kaskelalaw.com

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/88916