The Law Firm of Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by the Board of INX, Inc. in...
November 16 2011 - 4:02PM
Marketwired
Levi & Korsinsky notifies investors of INX, Inc. ("INX" or the
"Company") (NASDAQ: INXI) of claims of breaches of fiduciary duty
and other violations of state law against the board of directors of
the Company in connection with the sale of the Company to Presidio,
Inc. Under the terms of the transaction, INX shareholders will
receive $8.75 for each share of INX stock they own. The transaction
has a total approximate value of $85 million. A complaint was filed
in Delaware state court.
Click here to learn how to join the action:
http://zlk.9nl.com/inx-inxi, or call: 877-363-5972.
The claims concern whether the INX Board of Directors breached
their fiduciary duties to INX stockholders by failing to adequately
shop the Company before entering into this transaction and whether
Presidio, Inc. is underpaying for INX shares, thus unlawfully
harming INX stockholders.
If you own common stock in INX 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 http://www.zlk.com/inx-inxi.html.
Levi & Korsinsky is a national firm with offices in New
York, California and Washington D.C. The firm has extensive
expertise in prosecuting investor securities litigation involving
financial fraud and represents investors throughout the nation,
concentrating its practice in securities and shareholder
litigation. The attorneys at Levi & Korsinsky have been
appointed by numerous courts throughout the country to serve as
lead counsel on behalf of shareholders in major litigations
involving mergers and acquisitions. For more information, please
feel free to contact any of the attorneys listed below. Attorney
advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard
Korsinsky, Esq. 30 Broad Street - 15th Floor New York, NY 10004
Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171
www.zlk.com
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