INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Rally Software Development Corp. of Commencement of a Class Action Regarding the Fairness of the Sale of the Company to CA, Inc. -- RALY

NEW YORK, June 11, 2015 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased Rally Software Development Corp. stock prior to May 27, 2015.

You are hereby notified that a class action has been commenced in Delaware state court challenging the fairness of the sale of Rally Software Development Corp. RALY to CA, Inc. CA for $19.50 per share in cash. To learn more about the investigation and your rights, go to:

http://zlk.9nl.com/rally-software-raly

or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.