NEW YORK, Dec. 26, 2013 /PRNewswire/ -- Juan E.
Monteverde, a partner at Faruqi & Faruqi, LLP, a leading
national securities firm headquartered in New York City, is investigating the Board of
Directors of Responsys, Inc. ("Responsys" or the "Company")
(NasdaqGS: MKTG) for potential breaches of fiduciary duties in
connection with their conduct related to the sale of the Company to
Oracle Corporation (NYSE: ORCL) in a cash deal valued at
$1.5 billion. Under the terms
of the proposed transaction, Responsys stockholders will receive
$27.00 in cash for each share of
Responsys common stock they own.
(Logo:
http://photos.prnewswire.com/prnh/20120119/MM38856LOGO)
Request more information now by clicking here:
www.faruqilaw.com/MKTG. There is no cost or obligation to
you.
The investigation focuses on whether Responsys Board of
Directors breached their fiduciary duties to the Company's
stockholders by failing to conduct an adequate and fair sales
process prior to agreeing to this proposed transaction, whether and
by how much this proposed transaction undervalues the Company to
the detriment of Responsys shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The
firm is focused on providing exemplary legal services in complex
litigation in the areas of securities, shareholder, antitrust and
consumer litigation, throughout all phases of litigation. The
firm has an experienced trial team which has achieved significant
victories on behalf of the firm's clients. To keep track of
the latest securities litigation news, follow us on Twitter at
www.twitter.com/MergerActivity or on Facebook at
www.facebook.com/FaruqiLaw.
If you own common stock in Responsys and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/MKTG or contact Juan E. Monteverde, Esq. either via e-mail at
jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or
(212) 983-9330.
Contact:
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone: (212) 983-9330
Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP.
The law firm responsible for this advertisement is Faruqi &
Faruqi, LLP (www.faruqilaw.com). Prior results do not
guarantee or predict a similar outcome with respect to any future
matter. We are happy to discuss your particular case.
SOURCE Faruqi & Faruqi, LLP