San Diego, CA -- (SBWIRE) -- 05/24/2016 -- An investigation on behalf of investors, who currently hold NASDAQ:SAAS shares , was announced concerning whether the takeover of cloud contact center software solutions provider Incontact Inc. by NICE Systems for $14.00 per share is unfair.

Investors who purchased shares of Incontact Inc (NASDAQ:SAAS) and currently hold any of those NASDAQ:SAAS shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm concerns whether certain officers and directors of Incontact Inc breached their fiduciary duties owed to NASDAQ:SAAS investors in connection with the proposed acquisition.

On May 18, 2016, Midvale, UT based Incontact Inc (NASDAQ:SAAS) announced that it has entered into an agreement to be acquired by NICE Systems (NASDAQ: NICE). Under the terms of the agreement, inContact stockholders will receive $14.00 per share in cash.

However, given that at least one analyst has set the high target price for NASDAQ:SAAS shares at $16.00 per share, the investigation concerns whether the offer is unfair to NASDAQ:SAAS stockholders. More specifically, the investigation concerns whether the Incontact Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

On May 20, 2016, NASDAQ:SAAS shares closed at $13.86 per share.

Those who are current investors in Incontact Inc shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com