Investigation announced for Investors in Anaplan, Inc. (NYSE: PLAN) over potential Wrongdoing

An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers 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:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, 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, investigations, and/or settlements are not filed/initiated/reached and/or are not 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.

This release was published on openPR.