INXI Inx Inc. (MM)

Kendall Law Group, led by former federal judge Joe Kendall, is investigating INX, Inc. (NASDAQ:INXI) for shareholders in connection with the proposed acquisition by Presidio Inc. The national securities firm’s investigation seeks to determine whether INX and its Board breached their fiduciary duties by entering into the agreement without properly shopping for a deal that would provide better value for shareholders. If you are an INX shareholder and would like additional information about your rights, contact the Kendall Law Group at 877-744-3728 or by email at investor@kendalllawgroup.com.

On November 1, 2011, the companies announced the definitive merger agreement under which INX would be acquired by Presidio, in a transaction valued at approximately $85 million. Under the terms of the agreement, INX stockholders will receive $8.75 in cash for each share of INX/INXI common stock held. The firm’s investigation seeks to determine whether INX and its Board undertook a fair process in negotiating the deal.

Kendall Law Group was founded by a former federal judge, includes a former United States Attorney, prosecutors and securities lawyers who are experienced in complex securities litigation. The firm has been counsel in numerous merger and acquisition cases nationwide, including some of the largest transactions in the United States.

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