Sapient (SAPE) Stock Closed Lower Today After Fiduciary Duty Investigation Launched

NEW YORK (TheStreet) -- Shares of Sapient Corp.  closed down 0.08% to $24.65 after the securities litigation law firm Brower Piven commenced an investigation into possible breaches of fiduciary duty relating to the proposed buyout of the company by Publicis Groupe SA  . On November 3, Sapient, a global marketing and technology services company, announced that Publicis Groupe would acquire Sapient in a transaction valued at approximately $3.7 billion. The investigation seeks to determine wheth...