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SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Actuate Corporation Regarding the Fairness of the Sale of the Company
| 8:35 PM |

[PR Newswire] - BALA CYNWYD, Pa., Dec. 15, 2014 /PRNewswire/ -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Actuate Corporation ("Actuate" or "the Company") (Nasdaq- BIRT- News) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Open-Text Corporation. The investigation concerns whether the Board of Actuate Corporation breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Open-Text Corporation is underpaying for Actuate shares. If you own shares of Actuate common stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, by e-mail at [e-mail], by visiting http://brodsky-smith.com/864-birt-actuate-corporation.html, or calling toll free 877-LEGAL-90.

http://us.rd.yahoo.com/finance/news/rss/story/*http://finance.yahoo.com/news/shareholder-alert-brodsky-smith-llc-023500476.html

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