San Diego, CA -- (SBWire) -- 10/11/2022 --An investigation was announced for current long-term investors in shares of Anaplan, Inc. (NYSE: PLAN) concerning potential breaches of fiduciary duties by certain directors of Anaplan, Inc.
Investors who are current long term investors in Anaplan, Inc. (NYSE: PLAN) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NYSE: PLAN stocks follows a lawsuit filed against Anaplan, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: PLAN stocks, concerns whether certain Anaplan directors are liable in connection with the allegations made in that lawsuit.
San Francisco, CA based Anaplan, Inc. provides a cloud-based connected planning platform to connect organizations and people in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
On March 20, 2022, Anaplan, Inc. announced that it had entered into an agreement to be acquired by Thoma Bravo, L.P. for $66.00 per share in an all-cash transaction valued at $10.7 billion.
Then, on June 6, 2022, Anaplan, Inc. announced that the transaction had been amended such that stockholders will receive $63.75 per share. The amendment was "to resolve a disagreement between the parties regarding Anaplan's compliance with certain terms of the" original agreement.
However, at least one analyst has set the high target price for NYSE: PLAN shares at $95.00 per share. In addition, shares of Anaplan, Inc. reached as high as $70.25 per share as recently as September 2021.
Those who purchased shares of Anaplan, Inc. (NYSE: PLAN) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Christopher Clausen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
NYSE:PLAN Long Term Investor Alert: Investigation of Potential Wrongdoing at Anaplan, Inc.
An investigation on behalf of current long term investors in Anaplan, Inc. (NYSE:PLAN) shares over possible breaches of fiduciary duty by certain officers and directors was announced.