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Press release content from Business Wire. The AP news staff was not involved in its creation.

QAD INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of QAD Inc. - QADA

June 30, 2021 GMT

NEW ORLEANS--(BUSINESS WIRE)--Jun 30, 2021--

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of QAD Inc. (NasdaqGS: QADA) to Thoma Bravo. Under the terms of the proposed transaction, shareholders of QAD will receive $87.50 in cash for each share of QAD that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ( lewis.kahn@ksfcounsel.com ) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-qada/ to learn more.

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To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20210630005853/en/

CONTACT: Kahn Swick & Foti, LLC

Lewis S. Kahn, Managing Partner

lewis.kahn@ksfcounsel.com

855-768-1857

KEYWORD: UNITED STATES NORTH AMERICA LOUISIANA

INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES

SOURCE: Kahn Swick & Foti, LLC

Copyright Business Wire 2021.

PUB: 06/30/2021 01:23 PM/DISC: 06/30/2021 01:23 PM

http://www.businesswire.com/news/home/20210630005853/en