Kendall Law Group Investigating i2 Technologies Takeover for Shareholders

Kendall Law Group, founded by a former federal judge, today began an investigation on behalf of i2 Technologies (NASDAQ: ITWO) shareholders. The investigation concerns possible breaches of fiduciary duty in connection with the proposed acquisition by JDA Software Group for $396 million.

The proposed transaction is a 9 percent premium for i2 shareholders and is subject to a termination fee. Former federal judge Joe Kendall said, “The investigation concerns whether the consideration to be paid to shareholders is grossly unfair, inadequate, and substantially below the fair or inherent value of i2 and whether the directors and special committee members may have breached their fiduciary duties by not acting in the shareholders’ best interests in connection with the sale process.”

If you are a current holder of i2 and would like additional information concerning this proposed transaction, including your shareholder rights, contact Hamilton Lindley at 877-744-3728 or by email at hlindley@kendalllawgroup.com.

Kendall Law Group has substantial experience representing investors in mergers and acquisitions nationwide. Lawyers at the firm include a former Dallas United States Attorney, a federal judicial law clerk, a former Dallas state and federal judge in addition to experienced securities lawyers.