San Diego, Nov. 9, 2011 (Shareholders Foundation) -- The announcement by Oracle that it intends to acquire Taleo Corporation for $46 per share prompted an investigation for investors Taleo Corp (NASDAQ:TLEO) shares concerning whether the offer to acquire Taleo Corp. and the buyout process are unfair to investors in NASDAQ:TLEO shares.

The investigations by law firms concern whether Taleo Corp., certain officers and directors, and/or others breached their fiduciary duties owed to Taleo Corp (TLEO) investors in connection with the proposed acquisition.

On Thursday, February 9, 2012, Oracle Corporation (NASDAQ: ORCL) today announced that it has entered into an agreement to acquire Taleo Corporation (NASDAQ: TLEO) for $46.00 per share or approximately $1.9 billion, net of Taleo's cash and debt.

NASDAQ:TLEO stocks jumped in response to the takeover news on Thursday to $45.60 per share.

However, at least one analyst has set the high target price for $50 per share, thuse well above the current offer. Additionally, shares of Taleo Corp (Public, NASDAQ:TLEO) traded as high as$42.24 per share as recently as December 9, 2011, thus leaving certain TLEO stockholders with only a meager premium.

Therefore the investigation for NASDAQ:TLEO investors concerns whether the Taleo Board of Directors undertook an adequate sales process and in particular breached their fiduciary duties to Taleo (NASDAQ:TLEO) shareholders by failing to adequately shop the Company before entering into this transaction. A potential securities class action lawsuit would seek to maximize the amount of money and information Taleo (TLEO) shareholders would receive in a buyout, so the law firm.