SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of OPN...
29 Oktober 2012 - 9:08PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
OPNET Technologies Inc. (“OPNET” or the “Company”) (NasdaqGS: OPNT)
for possible breaches of fiduciary duty and other violations of
state law in connection with the sale of the Company to Riverbed
Technology, Inc. (“Riverbed”) (NasdaqGS: RVBD).
Click here to learn more about the investigation:
http://zlk.9nl.com/opnet-technologies-opnt, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, OPNET shareholders will
receive $36.55 in cash and 0.2774 of a share of Riverbed common
stock for each share of OPNET stock they own, representing a value
of approximately $43 per OPNET share. The transaction has a total
approximate value of $921 million. The investigation concerns
whether the OPNET Board of Directors breached their fiduciary
duties to stockholders by failing to adequately shop the Company
before entering into this transaction and whether Riverbed is
underpaying for OPNET shares, thus unlawfully harming OPNET
stockholders.
If you own common stock in OPNET 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 visit
http://zlk.9nl.com/opnet-technologies-opnt.
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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