The Law Office of Joseph Klein is Investigating into the Possible Breaches of Fiduciary Duty by the Board of Isilon Systems, ...
23 Novembre 2010 - 1:40AM
Business Wire
The Law Office of Joseph Klein is investigating the Board of
Directors of Isilon Systems, Inc. (NasdaqGM: ISLN) for possible
breaches of fiduciary duty and other violations of state law in
connection with their attempt to sell the Company to EMC
Corporation (NYSE: EMC). Under the terms of the transaction, Isilon
shareholders will receive $33.85 per share in cash for each share
they own for a total transaction value of approximately $2.25
billion, net of Isilon’s existing cash balance.
The investigation concerns whether the Isilon Board of Directors
breached their fiduciary duties to Isilon stockholders by failing
to adequately shop the Company before entering into this
transaction and whether EMC is underpaying for Isilon shares.
If you own common stock in Isilon and wish to obtain additional
information, please contact Joseph Klein, Esq. directly, via email
at jk@jkleinlawfirm.com, by telephone at 718-947-0005, Toll Free:
877-STOK-180, or visit
http://www.jkleinlawfirm.com/isilon-systems-isln.html.
Joseph Klein, Esq. is an experienced attorney and has also
practiced as a Certified Public Accountant. Mr. Klein represents
investors and participates in securities litigations involving
financial fraud throughout the nation.
Isilon Systems, Inc. (MM) (NASDAQ:ISLN)
Graphique Historique de l'Action
De Déc 2024 à Jan 2025
Isilon Systems, Inc. (MM) (NASDAQ:ISLN)
Graphique Historique de l'Action
De Jan 2024 à Jan 2025
Real-Time news about Isilon Systems, Inc. (MM) (NASDAQ): 0 recent articles
Plus d'articles sur The Law Office of Joseph Klein