According to a press release an investigation on behalf of investors in Kana Software, Inc. (OTC: KANA) over possible breaches of fiduciary duty and other violations of state law by the board of directors of Kana Software, Inc. was announced.

According to the press release by a law firm the investigation focuses on potential breaches of fiduciary duty and other violations of state law by the board of directors of Kana Software, Inc arising out of their operations of Kana Software, Inc. (OTC: KANA). In particular, so the investigation, the Board has failed and continues to fail to maximize shareholder value by not properly considering a sale of Kana Software, Inc. (OTC: KANA) or, in the alternative, raise capital or issue debt to remain strong and adequately financed as a going concern.