SoundBite Communications Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to Genesys
21 Maio 2013 - 1:41PM
Business Wire
Former United States Securities and Exchange Commission attorney
Willie Briscoe and the securities litigation firm of Powers Taylor,
LLP are investigating the sale of SoundBite Communications
(“SoundBite”) (NasdaqGM: SDBT) to Genesys for shareholders. Under
the terms of the proposed sale, SoundBite shareholders will only
receive $5.00 in cash for each share of SoundBite stock owned.
If you are an affected investor, and you want to learn more
about the lawsuit or join the action, please contact Willie Briscoe
at The Briscoe Law Firm, PLLC, (214) 239-4568, via email at
WBriscoe@TheBriscoeLawFirm.com or Zach Groover at Powers Taylor,
LLP, toll free (877) 728-9607, via e-mail at zach@powerstaylor.com.
There is no cost or fee to you.
The SoundBite sale investigation centers on whether SoundBite’s
shareholders are receiving adequate compensation for their shares
in the proposed deal, whether the transaction undervalues
SoundBite’s stock, and whether SoundBite’s board attempted to
obtain the highest share price for all shareholders prior to
agreeing to the deal. Shareholder rights attorney Patrick Powers
noted that “due to the size of the deal, the lack of a significant
premium and other factors, we believe this transaction may
undervalue SoundBite’s stock. Our proposed lawsuit will seek to
obtain the highest share price for all shareholders.”
The Briscoe Law Firm, PLLC is a full service business litigation
and shareholder rights advocacy firm with more than 20 years of
experience in complex litigation and transactional matters.
Powers Taylor, LLP is a boutique litigation law firm that
handles a variety of complex business litigation matters, including
claims of investor and stockholder fraud, shareholder oppression,
shareholder derivative suits, and security class actions.
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