Robbins Umeda LLP Announces an Investigation of the Acquisition of Symyx Technologies, Inc. by Accelrys, Inc.
06 Aprile 2010 - 12:30AM
Business Wire
Robbins Umeda LLP has commenced an investigation into possible
breaches of fiduciary duty and other violations of state law by
members of the Board of Directors of Symyx Technologies, Inc.
("Symyx") (NASDAQ: SMMX) in connection with their actions in
causing Symyx to enter into a definitive merger agreement with
Accelrys, Inc. ("Accelrys") (NASDAQ: ACCL). If the transaction is
completed, Symyx shareholders will receive 0.7802 shares of
Accelrys common stock for each share of Symyx they own. The
companies expect the merger to close by the end of June 2010.
Robbins Umeda LLP's investigation concerns whether Symyx's Board
of Directors undertook a fair process to obtain a fair
consideration for all shareholders of Symyx.
If you are a shareholder of Symyx and would like more
information about your rights as a shareholder, please contact
attorney Lauren Levi at 800-350-6003 or by e-mail at
llevi@robbinsumeda.com.
Robbins Umeda LLP is a California-based law firm with
significant experience representing investors in merger-related
shareholder class actions, shareholder derivative actions, and
securities fraud class actions. For more information about the
firm, please go to http://www.robbinsumeda.com.
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