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BroadSoft Inc (NASDAQ:BSFT) Investor Lawsuit Against Acquisition Filed

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Lawsuit Overview

An investor, who currently holds shares of BroadSoft Inc (NASDAQ:BSFT), filed a lawsuit in effort to halt the proposed takeover of BroadSoft Inc. by Cisco. The plaintiff alleges that the defendants breached their fiduciary duties owed to NASDAQ:BSFT stockholders by agreeing to sell BroadSoft Inc cheaply via an unfair process to Cisco. On October 23, 2017 – Cisco (NASDAQ: CSCO) and B...



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