SHAREHOLDER ALERT: Law Firm of Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by the Board of
01 Février 2013 - 7:14PM
Levi & Korsinsky notifies investors of Pervasive Software, Inc.
("Pervasive" or the "Company") (Nasdaq:PVSW) for possible breaches
of fiduciary duty and other violations of state law in connection
with the sale of the Company to Actian Corporation. A complaint was
filed in Delaware state court.
Click here to learn more about the investigation:
http://zlk.9nl.com/pervasive-software/, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Pervasive shareholders will
receive $9.20 for each share of Pervasive stock they own, for a
total approximate transactional value of $161.9 million. The claims
concern whether the Pervasive Board of Directors breached their
fiduciary duties to stockholders by failing to adequately shop the
Company before entering into this transaction and whether Actian is
underpaying for Pervasive shares, thus unlawfully harming Pervasive
stockholders.
If you own common stock in Pervasive and wish to obtain
additional information, please contact Joseph E. Levi, Esq. either
via email at jlevi@zlk.com or by telephone at (212) 363-7500,
toll-free: (877) 363-5972, or visit
http://zlk.9nl.com/pervasive-software/.
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.
CONTACT: Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
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