Harwood Feffer LLP Announces Investigation of Jive Software, Inc.

May 2, 2017

NEW YORK, May 2, 2017 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Jive Software, Inc. ("Jive" or the "Company") (NASDAQ: JIVE) concerning the proposed acquisition of the Company by ESW Capital, LLC ("ESW").

Under the terms of the offer, ESW would acquire Jive for approximately $462 million.  Pursuant to the terms of the transaction, common shareholders of Jive would receive $5.25 in cash per share. 

Our investigation concerns whether the Jive 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 Jive 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:

Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, 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