The Briscoe Law Firm, PLLC & Powers Taylor, LLP Announce the Investigation of Possible Breaches of Fiduciary Duties Concernin...
13 Août 2010 - 6:50PM
Business Wire
The Briscoe Law Firm, PLLC, founded by a former state prosecutor
and enforcement attorney for the United States Securities and
Exchange Commission, and the law firm of Powers Taylor, LLP are
investigating potential legal claims against the Board of Directors
of Unica Corporation (“UNCA” or “Company”) (NASDAQ: UNCA) related
to the proposed acquisition of UNCA by IBM.
The agreement involves a cash transaction valued at
approximately $489 million, under which the Company shareholders
will receive $21.00 in cash for each share of UNCA common stock
they hold. The investigation relates to possible breaches of
fiduciary duty and other violations of state law by the Board of
Directors of UNCA for approving this transaction, whether the
consideration to be received by UNCA shareholders is fair, and
whether UNCA’s board of Directors acted in the shareholders’ best
interests.
If you currently own shares of UNCA and would like additional
information regarding this investigation, or if you have
information regarding the allegations involving this transaction,
please contact Patrick Powers at Powers Taylor, LLP, toll free
(877) 728-9607, via e-mail at patrick@powerstaylor.com, or The
Briscoe Law Firm, PLLC toll free (877) 397-5991, or via email at
WBriscoe@TheBriscoeLawFirm.com. There is no cost or fee to you.
The Briscoe Law Firm is a full service business litigation,
commercial transaction, and public advocacy firm with more than 20
years of experience in complex litigation and transactional
matters.
Powers Taylor, LLP is a boutique litigation law firm that
handles a variety of complex business litigation matters, including
claims of investor and stockholder fraud, shareholder oppression,
shareholder derivative suits, and security class actions.
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