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Ness Technologies, Inc. Investor Files Lawsuit To Block Proposed Takeover

  • If you are a current investor in Ness Technologies, Inc. (NASDAQ:NSTC) and purchased your NSTC shares prior to the announcement, you have certain options and you should contact the Shareholders Foundation, Inc.

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Lawsuit Overview

An investor in Ness Technologies, Inc. (NASDAQ NSTC) filed a lawsuit in State Court in effort to block to proposed buyout of Ness Technologies by Citi Venture Capital International. According to the complaint the plaintiff alleges that the defendants breached their fiduciary duties arising from the attempt to sell Ness Technologies too cheaply via an unfair process to Citi Venture Ca...



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