The Law Firm of Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by the Board of RightNow Tec...
27 Ottobre 2011 - 12:33AM
Marketwired
Levi & Korsinsky notifies investors of RightNow Technologies
Inc. ("RightNow" or the "Company") (NASDAQ: RNOW) of claims of
possible breaches of fiduciary duty and other violations of state
law against the Board of Directors in connection with the sale of
the Company to Oracle Corporation. 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. A complaint was
filed in Delaware state court.
Click here to learn more about the investigation:
http://zlk.9nl.com/rightnow/, or call: 877-363-5972.
The claims concern 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.
CONTACT: Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard
Korsinsky, Esq. 30 Broad Street - 15th Floor New York, NY 10004
Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171
www.zlk.com
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