INVESTOR ALERT Levi & Korsinsky, LLP Announces Investigation of Cbeyond, Inc. & Its Board of Directors In Connection With the...
24 Aprile 2014 - 2:09AM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
Cbeyond, Inc. (“Cbeyond” or “the Company”) (NasdaqGS: CBEY) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to Birch
Communications, Inc.
Click here to learn more about the action
http://zlk.9nl.com/cbeyond-cbey, or call: 877-363-5972.
There is no cost or obligation to you.
Under the terms of the transaction, Cbeyond shareholders will
receive between $9.97 and $10.00 per share in cash for each share
of Cbeyond stock they own; the exact amount will be determined
after certain stock transactions occur. The investigation concerns
whether the Cbeyond Board of directors breached their fiduciary
duties to stockholders by failing to adequately shop the Company
before agreeing to enter into this transaction, and whether Birch
Communications, Inc. is underpaying for Cbeyond shares.
If you own Cbeyond common stock and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email
at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free:
(877) 363-5972, or visit
http://zlk.9nl.com/cbeyond-cbey.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm’s 26
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLPJoseph Levi, Esq. / Eduard Korsinsky,
Esq.Tel: 212-363-7500Toll Free: 877-363-5972Fax:
866-367-6510www.zlk.com
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