Deborah Weinstein claims the company’s proxy statement is so incomplete and misleading, shareholders can’t trust the accuracy of its financial projections.
Weinstein is suing the company and members of the board of directors, and has asked the U.S. District Court for the District of Delaware to certify her case as a class action.
Ultimate Software, which develops cloud-based human capital management systems, announced the all-cash deal Feb. 4. Ultimate stockholders would receive $331.50 in cash ...
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