The Law Offices of Vincent Wong Announce an Investigation of RightNow Technologies Inc.
02 Novembre 2011 - 12:10AM
Business Wire
The Law Offices of Vincent Wong are investigating the Board of
Directors of RightNow Technologies Inc. (“RightNow” or the
“Company”) (NASDAQ: RNOW) of claims of possible breaches of
fiduciary duty and other violations of state law against the Board
of Directors in connection with the sale of the Company to Oracle
Corporation (NASDAQ: ORCL). Under the terms of the transaction,
RightNow shareholders will receive $43.00 per share of RightNow
stock they own. The transaction is valued at approximately $1.5
billion, including the assumption of debt. A complaint was filed in
Delaware state court.
To get more information and join the action, click here:
http://www.wongesq.com/rightnow-technologies-rnow.html.
The claims concern whether the RightNow Board of Directors
breached their fiduciary duties to RightNow stockholders by failing
to adequately shop the Company before entering into this
transaction and whether Oracle Corporation is underpaying for
RightNow shares, thus unlawfully harming RightNow stockholders.
If you own common stock in RightNow and wish to obtain
additional information, please contact Vincent Wong, Esq. either
via email vw@wongesq.com, by telephone at 212.584.2740, or visit
http://www.wongesq.com/rightnow-technologies-rnow.html.
Vincent Wong, Esq. is an experienced attorney that has
represented investors in securities litigations involving financial
fraud and violations of shareholder rights. Attorney advertising.
Prior results do not guarantee similar outcomes.
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