
Company Website:
http://www.investment-losses.com
BOSTON -- (Business Wire)
An Ariba Lawsuit Investigation has been launched by the Investment
Losses and Shareholder Rights Law Firm of Gilman Law LLP to
investigate potential breach of fiduciary duty claims by current
shareholders of Ariba, Inc. (“Ariba” or the “Company”) (NASDAQ: ARBA)
against the board of directors of Ariba in connection with their efforts
to sell the company to SAP AG in a transaction valued at approximately
$4.3 billion or $45 per share. According to Yahoo! Finance, at least one
analyst has set a high price target of at least $50.00 per share.
Current Ariba shareholders are encouraged to contact our
Securities Attorneys for a Free Consultation at (888) 252-0048.
The focus of the investigation is whether the Ariba Board of Directors
breached their fiduciary duties to the Ariba shareholders by failing to
adequately shop the Company before entering into the proposed
transaction with SAP AG and whether the Ariba directors have failed to
disclose all material information to the stockholders regarding the
transaction.
If you are a current shareholder of Ariba and would like to learn
more about the Ariba Lawsuit Investigation, you may contact our office
for a Free Consultation as follows:
The investment
losses and securities fraud lawyers of Gilman Law LLP have over 33
years of experience in securities class action lawsuits and have been
involved in all major aspects of securities litigation. Gilman Law LLP
focuses on cases involving stock manipulation, securities fraud,
investments fraud, shareholder rights violations, and securities
arbitration.
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Contacts:
Gilman Law LLP
Kenneth Gilman, Esq., 888-252-0048
consultations@gilmanlawllp.com
Source: Gilman Law LLP
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