MOVE INVESTOR ALERT: Levi & Korsinsky, LLP Launches an Investigates of the Board of Directors of Move, Inc. in Connection Wit...
01 Outubro 2014 - 1:08PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
Move, Inc. (“Move” or “the Company”) (NASDAQ:MOVE) for possible
breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to News Corp.
Click here to learn more about the investigation:
http://www.zlkdocs.com/MOVE-Info-Request-Form_ma-2236.
Under the terms of the transaction, Move shareholders will
receive $21.00 in cash for each share of Move stock they own. The
investigation concerns whether the Board of Move breached their
fiduciary duties to stockholders by failing to adequately shop the
Company before agreeing to enter into this transaction, and whether
News Corp. is underpaying for Move shares. In particular, at least
one analyst set a price target for Move stock at $23.00 per
share.
If you own Move common stock 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://www.zlkdocs.com/MOVE-Info-Request-Form_ma-2236.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm’s 26
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.Tel: 212-363-7500Toll Free: 877-363-5972Fax:
866-367-6510www.zlk.com
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