Harwood Feffer LLP Announces Investigation of Solera Holdings, Inc.

Sep 15, 2015

NEW YORK, Sept. 15, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Solera Holdings, Inc. ("Solera" or the "Company") (NYSE: SLH) concerning the proposed acquisition of the Company by a group led by Vista Equity Partners ("Vista").

Harwood Feffer LLP.

Under the terms of the offer, the Vista would acquire Solera in a transaction valued at approximately $6.5 billion.  Pursuant to the deal, Solera stockholders would receive $55.85 in cash per share owned.  The offer price represents a scant 12.9% premium based on the closing price of Solera stock on September 11, 2015 and Solera stock traded as high as $56.14 as recently as March 2015.      

Our investigation concerns whether the Solera board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders. 

If you own Solera shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Benjamin I Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com 
Website: http://www.hfesq.com 
Follow us on Twitter: @HarwoodFeffer

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.

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SOURCE Harwood Feffer LLP