The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of EDGAR ...
22 Mai 2012 - 5:25PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
EDGAR Online Inc. (“EDGAR” or the “Company”) (Nasdaq: EDGR) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to R.R. Donnelley
& Sons Company (Nasdaq: RRD).
Click here to learn how to join the action:
http://zlk.9nl.com/edgar-online-edgr, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the agreement, EDGAR shareholders will
receive $1.092 per share of EDGAR stock they own. The transaction
has a total approximate value of $70.5 million, including the
assumption of debt. The investigation concerns whether the EDGAR
Board of Directors breached their fiduciary duties to EDGAR
stockholders by failing to adequately shop the Company before
entering into this transaction and whether R.R. Donnelley &
Sons Company is underpaying for EDGAR shares, thus unlawfully
harming EDGAR stockholders.
If you own common stock in EDGAR 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/edgar-online-edgr.
Levi & Korsinsky is a national firm with offices in New York
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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