IGATE CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
May 01 2015 - 6:56PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of iGATE
Corporation (NASDAQ GS: IGTE)?
- Did you purchase any of your shares
prior to April 27, 2015?
- Do you think the proposed buyout
price is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of iGATE
Corporation (“iGATE” or the “Company”) (NASDAQ GS: IGTE) regarding
possible breaches of fiduciary duties and other violations of law
related to the Company’s entry into an agreement to be acquired by
Capgemini S.A. (“Capgemini”), in a transaction valued at
approximately $4 billion.
Click here to learn more:
http://rigrodskylong.com/investigations/igate-corporation-igte-buyout.
Under the terms of the agreement, public shareholders of iGATE
would receive $48.00 in cash for each share of iGATE they own.
The investigation concerns whether iGATE’s board of directors
failed to adequately shop the Company and obtain the best possible
value for iGATE’s shareholders before entering into an agreement
with Capgemini. According to Yahoo! Finance, at least one analyst
has issued a price target for iGATE stock at $55.00 per share.
If you own the common stock of iGATE and purchased your shares
before April 27, 2015, 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
Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2
Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at
(888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://rigrodskylong.com/investigations/igate-corporation-igte-buyout.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in
states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M.
Serra888-969-4242302-295-5310Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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