INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of MICROS Systems, Inc. & Its Board of Directors In Connection ...
June 23 2014 - 11:22AM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
MICROS Systems, Inc. (“MICROS” or “the Company”) (NasdaqGS: MCRS)
for possible breaches of fiduciary duty and other violations of
state law in connection with the sale of the Company to Oracle
Corporation (NYSE: ORCL).
Click here to learn more about the investigation:
http://zlk.9nl.com/micros-systems-mcrs, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, MICROS shareholders will
receive $68 in cash for each share of MICROS stock they own. The
investigation concerns whether the Board of MICROS breached their
fiduciary duties to stockholders by failing to adequately shop the
Company before agreeing to enter into this transaction, and whether
Oracle Corporation is underpaying for MICROS shares.
If you own MICROS common stock 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/micros-systems-mcrs.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm’s 26
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.30 Broad Street - 24th FloorNew York, NY 10004Tel: (212)
363-7500Toll Free: (877) 363-5972Fax: (866) 367-6510www.zlk.com
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