Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Investigates Claims On Behalf of Investors of Saba Software

NEW YORK, Sept. 29, 2014 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Saba Software, Inc. ("Saba" or the "Company") (OTC: SABA).  Such investors are advised to contact Peretz Bronstein or his investor relations coordinator Eitan Kimelman at [email protected] or 212-697-6484.

The investigation focuses on whether the Company and certain of its executives violated federal securities laws.

On September 25, 2014, the Securities and Exchange Commission("SEC") charged Saba Software and two of its former executives with committing accounting fraud involving the falsification of timesheets in order to reach quarterly targets. According to the SEC, Saba Software overstated its pre-tax earnings by approximately $70 million from October 4, 2007 to January 6, 2012. The SEC said Saba's former chief executive will repay $2.57 million of bonuses, incentive pay and profit from stock sales to the Silicon Valley company as part of a settlement over an accounting fraud.

If you are aware of any facts relating to this investigation, or purchased shares of Saba, you can assist this investigation by contacting Peretz Bronstein or his Investor Relations Coordinator Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email [email protected].  Those who inquire by e-mail are encouraged to include their mailing address, email and telephone number.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration.   Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Eitan Kimelman 212-697-6484
[email protected]

SOURCE Bronstein, Gewirtz & Grossman, LLC

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