The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of NYSE E...
31 Dicembre 2012 - 10:22PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
NYSE Euronext, Inc. (“NYSE” or the “Company”) (NYSE: NYX) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to
IntercontinentalExchange, Inc. (NYSE: ICE).
Click here to learn how to join the action:
http://zlk.9nl.com/nyse-euronext-nyx/, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, NYSE shareholders may elect
to receive either $33.12 in cash, 0.2581 IntercontinentalExchange,
Inc. shares, or a combination of $11.27 in cash and 0.1703 shares
of stock for each share of NYSE stock they own. The transaction has
total approximate value of $8 billion. The investigation concerns
whether the NYSE Board of Directors breached their fiduciary duties
to stockholders by failing to adequately shop the Company before
entering into this transaction and whether
IntercontinentalExchange, Inc. is underpaying for NYSE shares, thus
unlawfully harming NYSE stockholders.
If you own common stock in NYSE 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
http://zlk.9nl.com/nyse-euronext-nyx/.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, and Washington D.C. The firm has extensive
expertise in prosecuting securities litigation involving financial
fraud, representing investors throughout the nation in securities
and shareholder lawsuits. 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 securities
lawsuits and have successfully recovered multimillion-dollar
damages awards on behalf of investors. 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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