Faruqi & Faruqi, LLP Announces Investigation Related to the Going Private Transaction of Syniverse Technologies, Inc. - SVR
03 Novembre 2010 - 5:55PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of Syniverse Technologies, Inc. (“Syniverse” or the
“Company”) (NYSE: SVR) for potential breaches of fiduciary duties
in connection with their conduct related to the sale of the Company
to The Carlyle Group. The proposed transaction offers Syniverse
shareholders to only receive $31.00 per share in cash. The
transaction, which is valued at $2.6 billion, is expected to close
in the first quarter of 2011.
Request more information now by clicking here:
www.faruqilaw.com/syniverse
Whether the Syniverse’s Board of Directors breached their
fiduciary duties to Syniverse’s stockholders by failing to conduct
an adequate and fair sales process to sell the Company prior to
agreeing to this proposed transaction, whether the proposed
transaction undervalues Syniverse’s shares and by how much this
proposed transaction undervalues the Company to the detriment of
Syniverse shareholders are the key focus of this investigation.
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, through all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients.
If you own common stock in Syniverse and wish to obtain
additional information, please visit us at
www.faruqilaw.com/syniverse or contact Juan E. Monteverde, Esq.
either via e-mail at jmonteverde@faruqilaw.com or by telephone at
(877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2010 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.
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