Harwood Feffer LLP Announces Investigation of Saba Software, Inc.

NEW YORK, Sept. 26, 2014 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Saba Software, Inc. ("Saba" or the "Company") (OTC: SABA), concerning whether the board has breached its fiduciary duties to shareholders.

On September 25, 2014, Saba and two former executives were charged by the U.S. Securities and Exchange Commission ("SEC") with accounting fraud involving the falsification of timesheets in order to achieve quarterly targets.  Saba is alleged to have overstated earnings by approximately $70 million between the end of 2007 and the beginning of 2012. 

Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.

If you own Saba 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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