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INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation Regarding Whether the Sale of VeriFone Systems, Inc. to a Consortium is Fair to Shareholders
[April 23, 2018]

INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation Regarding Whether the Sale of VeriFone Systems, Inc. to a Consortium is Fair to Shareholders


The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased VeriFone Systems, Inc. ("VeriFone" or the "Company") (NYSE: PAY) stock prior to April 9, 2018.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of VeriFone to a consortium led by Francisco Partners. Under the terms of the transaction, VeriFone shareholders will receive $23.04 per share in cash. To learn more about the action and your rights, go to:

http://www.zlk.com/mna/verifone-systems-inc



or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The investigation concerns whether the Board of VeriFone breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether the consortium is underpaying for VeriFone shares, thus unlawfully harming VeriFone shareholders.


Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. 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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