SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Kofax Limited And Encourages Investors T...
April 06 2015 - 6:46PM
Business Wire
The securities litigation law firm of Brower Piven, A
Professional Corporation, has commenced an investigation into
possible breaches of fiduciary duty and other violations of state
law by the Board of Directors of Kofax Limited (“Kofax” or the
“Company”) (Nasdaq: KFX) relating to the proposed buyout of the
Company by Lexmark International Inc. (“Lexmark”).
Under the terms of the transaction, Kofax shareholders are
anticipated to receive $11.00 per share in cash for each share of
Kofax common stock held. The firm’s investigation seeks to
determine, among other things, whether the Company’s Board of
Directors failed to satisfy their duties to shareholders, including
whether the Board adequately pursued alternatives to the
acquisition and whether the Board obtained the best price possible
for the Company’s shares of common stock.
If you currently own common stock of Kofax and would like to
learn more about the investigation being conducted by Brower Piven,
without cost or obligation to you, please visit our website at
http://www.browerpiven.com/currentinvestigations.html. You may also
request more information by contacting Brower Piven either by email
at hoffman@browerpiven.com or by telephone at (410) 415-6616.
Attorneys at Brower Piven have extensive experience in
litigating securities and other class action cases and have been
advocating for the rights of shareholders since the 1980s.
Brower Piven, A Professional CorporationCharles J. Piven,
410-415-66161925 Old Valley RoadStevenson, Maryland
21153hoffman@browerpiven.com
KOFAX LTD (NASDAQ:KFX)
Historical Stock Chart
From Sep 2024 to Oct 2024
KOFAX LTD (NASDAQ:KFX)
Historical Stock Chart
From Oct 2023 to Oct 2024