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Taleo Corp (NASDAQ:TLEO) Investor Files Lawsuit Against Director Of Taleo In Effort to Block The Proposed Takeover By Oracle

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

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

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Lawsuit Overview

San Diego, Feb. 15, 2012 (Shareholders Foundation) -- An investor in NASDAQ:TLEO shares filed a lawsuit in State Court in effort to block the proposed takeover of Taleo Corp. by Oracle for $46 per share. The plaintiff alleges that the defendants failed to get the best price for Taleo Corp. According to the complaint the plaintiff alleges that certain directors breached their fiduciar...



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