Harwood Feffer LLP Announces Investigation of Tangoe, Inc.

NEW YORK, May 18, 2017 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Tangoe, Inc. ("Tangoe" or the "Company") (OTC: TNGO) concerning the proposed acquisition of the Company by Marlin Equity Partners ("Marlin").

Under the terms of the offer, Marlin would acquire Tangoe in a transaction valuing the Company at approximately $260 million.  Pursuant to the terms of the transaction, common shareholders of Tangoe will receive $6.50 per share in cash.  At least one Wall Street analyst has set a target price for Tangoe shares of $8.00.

Our investigation concerns whether the Tangoe board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders. 

If you own Tangoe shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212) 935-7400
Email:  bsachsmichaels@hfesq.com
Website:   http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm. 

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SOURCE Harwood Feffer LLP