Harwood Feffer LLP Announces Investigation of ARI Network Services, Inc.

NEW YORK, June 21, 2017 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of ARI Network Services, Inc. ("ARI Network" or the "Company") (NASDAQ: ARIS) concerning the proposed acquisition of the Company by True Wind Capital Management, LLC ("True Wind").

Under the terms of the offer, True Wind would acquire ARI Network for approximately $140 million.  Pursuant to the terms of the transaction, common shareholders of ARI Network will receive $7.10 per share owned.    

Our investigation concerns whether the ARI Network 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 ARI Network 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