The Law Offices of Frank R. Cruz Announces Investigation of Anaplan, Inc. (PLAN) on Behalf of Investors

The Law Offices of Frank R. Cruz announces an investigation of Anaplan, Inc. (“Anaplan” or the “Company”) (NYSE: PLAN) on behalf of investors concerning the Company’s possible violations of federal securities laws.

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On March 20, 2022, Anaplan announced that it had entered into an agreement to be acquired by Thoma Bravo, L.P. for $66.00 per share in an all-cash transaction valued at $10.7 billion.

Then, on June 6, 2022, Anaplan announced that the transaction had been amended such that stockholders will receive $63.75 per share. The amendment was “to resolve a disagreement between the parties regarding Anaplan’s compliance with certain terms of the” original agreement.

On this news, the Company’s stock price fell $2.48, or 3.7%, to close at $63.32 per share on June 6, 2022, thereby injuring investors.

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If you purchased Anaplan securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220608006197/en/