Category Archives: 9093

Acresso acquisition, Intraware, breaking state laws?

It was announced recently that Acresso has intentions of purchasing Intraware.  Today, I read this news article on Marketwatch, about breaches of fiduciary duty and other violations of state law by the board of directors of Intraware Inc. :

http://www.marketwatch.com/news/story/Levi-Korsinsky-LLP-Investigates-Breach/story.aspx?guid=%7B59FEBBDD-4682-47A7-9D43-83757FC939CE%7D

Could this mean the acquisition will not go through?