|[February 04, 2013]
The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Acme Packet Inc. in Connection with the Sale of the Company to Oracle Corporation
NEW YORK --(Business Wire)--
Levi & Korsinsky is investigating the Board of Directors of Acme Packet (News - Alert)
Inc. ("Acme" or the "Company") (NasdaqGS: APKT) for possible breaches of
fiduciary duty and other violations of state law in connection with the
sale of the Company to Oracle (News - Alert) Corporation (NasdaqGS: ORCL).
Click here to learn how to join the action: http://zlk.9nl.com/acme-packet-apkt/,
or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Acme shareholders will receive
$29.95 for each share of Acme stock they own. The transaction has a
totl approximate value of $2.1 billion. The investigation concerns
whether the Acme Board of Directors breached their fiduciary duties to
Acme stockholders by failing to adequately shop the Company before
entering into this transaction and whether Oracle Corporation is
underpaying for Acme shares, thus unlawfully harming Acme stockholders.
If you own common stock in Acme and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or http://zlk.9nl.com/acme-packet-apkt/.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, 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.
[ Back To TMCnet.com's Homepage ]