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MAVENIR SYSTEMS, INC. INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Mavenir Systems, Inc. (MVNR) over the Proposed Sale of the Company to Mitel Networks Corp.Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Mavenir Systems, Inc. ("Mavenir" or the "Company") (NYSE:MVNR) for potential breaches of fiduciary duties in connection with the sale of the Company to Mitel (News - Alert) Networks Corp. for approximately $560 million in a cash and stock transaction. The Company's stockholders will receive either all-cash or all-stock consideration for each share of Mavenir common stock, subject to proration, in either case with a value of $11.08 plus 0.675 of a Mitel common share, or $17.94 based on the closing price of a Mitel common share on February 27, 2015. Click here for more information: www.faruqilaw.com/MVNR. There is no cost or obligation to you. The investigation focuses on whether Mavenir's Board of Directors breached their fiduciary duties to the Company's stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of Mavenir's shareholders. Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients. To keep track of the latest securities litigation news, follow us on Twitter (News - Alert) at www.twitter.com/MergerActivity or on Facebook (News - Alert) at www.facebook.com/FaruqiLaw. If you own common stock in Mavenir and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/MVNR or contact Juan E. Monteverde, Esq. either via e-mail at [email protected] or by telephone at (877) 247-4292 or (212) 983-9330. Attorney Advertising. (C) 2015 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case. |
