WILMINGTON, Del., Sept. 10, 2015 /PRNewswire/ -- Rigrodsky & Long, P.A.:

  • Do you own shares of Premiere Global Services, Inc. (NYSE: PGI)?
  • Did you purchase any of your shares prior to September 11, 2015?
  • Do you think the proposed buyout value is too low?
  • Do you want to discuss your rights? 

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Premiere Global Services, Inc. ("PGI" or the "Company") (NYSE: PGI) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by funds managed or advised by Siris Capital Group, LLC ("Siris"), in a transaction valued at approximately $1.0 billion.

Click here to learn more: http://rigrodskylong.com/investigations/premiere-global-services-inc-pgi.  

Under the terms of the agreement, shareholders of PGI will receive $14.00 in cash for each share of PGI common stock.

The investigation concerns whether PGI's board of directors failed to adequately shop the Company and obtain the best possible value for PGI's shareholders before entering into an agreement with Siris.

If you own the common stock of PGI and purchased your shares before September 11, 2015, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at: http://rigrodskylong.com/investigations/premiere-global-services-inc-pgi.  

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

Attorney advertising.  Prior results do not guarantee a similar outcome.

CONTACT:                                                                                              

Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/premiere-global-services-inc-shareholder-alert-rigrodsky--long-pa-announces-investigation-of-buyout-300141333.html

SOURCE Rigrodsky & Long, P.A.

Copyright 2015 PR Newswire

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