INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of PokerTek, Inc. & Its Board of Directors In Connection With t...
April 30 2014 - 2:04PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
PokerTek, Inc. (“PokerTek” or “the Company”) (NasdaqCM: PTEK) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to Multimedia Games
Holding Company, Inc. (“Multimedia”).
Click here to learn more about the investigation:
http://zlk.9nl.com/pokertek-ptek, or call: 877-363-5972.
There is no cost or obligation to you.
Under the terms of the transaction, PokerTek shareholders will
receive $1.35 per share in cash for each share of PokerTek stock
they own. The transaction has a total approximate value of $12.6
million. The investigation concerns whether the PokerTek Board of
directors breached their fiduciary duties to stockholders by
failing to adequately shop the Company before agreeing to enter
into this transaction, and whether Multimedia is underpaying for
PokerTek shares.
If you own PokerTek 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/pokertek-ptek.
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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