Rigrodsky & Long, P.A. Announces Investigation of AuthenTec, Inc. Buyout
(firmenpresse) - WILMINGTON, DE -- (Marketwire) -- 08/01/12 -- announces that it is investigating potential legal claims against the board of directors of AuthenTec, Inc. ("AuthenTec" or the "Company") (NASDAQ: AUTH) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by Apple Inc. ("Apple") (NASDAQ: AAPL) in a transaction valued at approximately $356 million.
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Under the terms of the proposal, public shareholders of AuthenTec will receive $8.00 per share in cash for each share of AuthenTec they own.
The investigation concerns whether AuthenTec's board of directors failed to adequately shop the Company and obtain the best possible value for AuthenTec's shareholders before entering into an agreement with Apple.
If you own the common stock of AuthenTec and purchased your shares before July 26, 2012, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Peter Allocco at Rigrodsky & Long, P.A., 825 East Gate Boulevard, Suite 300, Garden City, New York 11530 toll free at (888) 969-4242, by e-mail to , or at: . At the current time, one action has been filed in Delaware Chancery Court.
, with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes , on behalf of shareholders in states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.
CONTACT:
Rigrodsky & Long, P.A.
Peter Allocco
(888) 969-4242
(516) 683-3516
Fax: (302) 654-9430
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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 01.08.2012 - 19:07 Uhr
Sprache: Deutsch
News-ID 170884
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Legal
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