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MarketScreener Homepage  >  Equities  >  Nyse  >  Ellie Mae Inc    ELLI

ELLIE MAE INC

(ELLI)
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ELLIE MAE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Ellie Mae, Inc. - ELLI

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04/04/2019 | 12:59pm EDT

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Ellie Mae, Inc. (NYSE: ELLI) (“Ellie”) to Thoma Bravo, LLC. Under the terms of the proposed transaction, shareholders of Ellie will receive only $99.00 in cash for each share of Ellie that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-elli/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.


© Business Wire 2019
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Managers
NameTitle
Jonathan H. Corr President, Chief Executive Officer & Director
Sigmund Anderman Executive Chairman
Daniel E. Madden Chief Financial Officer & Executive Vice President
Limin Hu Chief Technology Officer-Emeritus
Shamyo Chatterjee Vice President-Information Technology
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