The Law Firm of Levi & Korsinsky, LLP Announces Investigation of RightNow Technologies Inc.
25 Ottobre 2011 - 5:41PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
RightNow Technologies Inc. (“RightNow” or the “Company”) (NASDAQ:
RNOW) for possible breaches of fiduciary duty and other violations
of state law in connection with the sale of the Company to Oracle
Corporation (NASDAQ: ORCL). Under the terms of the transaction,
RightNow shareholders will receive $43.00 per share of RightNow
stock they own. The transaction is valued at approximately $1.5
billion, including the assumption of debt.
Click here to learn more about the investigation:
http://zlk.9nl.com/rightnow, or call: 877-363-5972.
The investigation concerns whether the RightNow Board of
Directors breached their fiduciary duties to RightNow stockholders
by failing to adequately shop the Company before entering into this
transaction and whether Oracle Corporation is underpaying for
RightNow shares, thus unlawfully harming RightNow stockholders.
If you own common stock in RightNow 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://www.zlk.com/rightnow-technologies-rnow.html.
Levi & Korsinsky has expertise in prosecuting investor
securities litigation and extensive experience in actions involving
financial fraud and represents investors throughout the nation,
concentrating its practice in securities and shareholder
litigation. The attorneys at Levi & Korsinsky have been
appointed by numerous courts throughout the country to serve as
lead counsel on behalf of shareholders in major litigations
involving mergers and acquisitions. For more information, please
feel free to contact any of the attorneys listed below. Attorney
advertising. Prior results do not guarantee similar outcomes.
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