Law Firm Brower Piven Announces Investigation of SoundBite Communications, Inc. Proposed Buyout
22 Maio 2013 - 11:45AM
Business Wire
The securities litigation firm of Brower Piven, A Professional
Corporation, has commenced an investigation into possible breaches
of fiduciary duty to current shareholders of SoundBite
Communications, Inc. (“SoundBite” or the “Company”) (Nasdaq: SDBT)
and other violations of state law by the board of directors of
SoundBite relating to the proposed buyout of the Company by Genesys
Telecommunications Laboratories, Inc. The firm’s investigation
seeks to determine, among other things, whether the board of
directors of SoundBite breached their fiduciary duties by failing
to maximize shareholder value.
According to the press release announcing the proposed buyout,
SoundBite shareholders will receive $5.00 per share in cash for
each share of SoundBite common stock they own.
If you currently own common stock of SoundBite and would like to
learn more about the investigation being conducted by Brower Piven,
you may email or call Brower Piven, who will, without obligation or
cost to you, attempt to answer your questions. You may contact
Brower Piven by email at hoffman@browerpiven.com, by calling (410)
415-6616, or at Brower Piven, A Professional Corporation, 1925 Old
Valley Road, Stevenson, Maryland 21153. Attorneys at Brower Piven
have combined experience litigating securities and other class
action cases of over 60 years.
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