SHAREHOLDER INVESTIGATION ALERT: Kaskela Law LLC Announces Investigation of QAD Inc. and Encourages Shareholders to Contact the Firm - QADA

July 01, 2021 10:50 AM EDT | Source: Kaskela Law LLC

Philadelphia, Pennsylvania--(Newsfile Corp. - July 1, 2021) - Kaskela Law LLC announces that it has commenced an investigation of QAD Inc. ("QAD") (NASDAQ: QADA) on behalf of the company's shareholders.

QAD shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (484) 258 - 1585, or by email at or online at, for additional information about this investigation and their legal rights and options.

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 sufficient consideration to be paid to QAD stockholders for their 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.

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

David Seamus Kaskela, Esq.


18 Campus Boulevard, Suite 100
Newtown Square, PA 19073
(484) 258 - 1585
(888) 715 - 1740

This notice may constitute attorney advertising in certain jurisdictions.

To view the source version of this press release, please visit