NEW YORK, July 13, 2015 /PRNewswire/ -- Bernstein Liebhard
LLP is investigating whether the Board of Directors of Xoom
Corporation ("Xoom" or the "Company") (NASDAQ: XOOM) breached its
fiduciary duty to its shareholders in agreeing to sell Xoom to
Paypal, Inc.
Under the terms of the agreement, Xoom shareholders will receive
$25.00 in cash for each share they
own. The investigation is focused on the potential unfairness
of the price to Xoom shareholders and the process by which the Xoom
Board of Directors considered and approved the transaction.
If you are interested in discussing your rights as a Xoom
stockholder, with no obligation or cost to you, please contact
Joseph R. Seidman, Jr. at:
(877) 779-1414
or
seidman@bernlieb.com
Bernstein Liebhard LLP has pursued hundreds of securities,
consumer and shareholder rights cases and recovered over
$3 billion for its clients.
The National Law Journal has recognized Bernstein Liebhard
for twelve consecutive years as one of the top plaintiffs' firms in
the country.
Bernstein Liebhard LLP
10 East 40th Street
New York, New York 10016
(877) 779-1414
www.bernlieb.com
ATTORNEY ADVERTISING. © 2015 Bernstein Liebhard LLP. The
law firm responsible for this advertisement is Bernstein Liebhard
LLP, 10 East 40th Street, New York, New
York 10016, (212) 779-1414. The lawyer responsible for
this advertisement in the State of
Connecticut is Michael S. Bigin. Prior results do not
guarantee or predict a similar outcome with respect to any future
matter.
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SOURCE Bernstein Liebhard LLP