SHAREHOLDER ALERT: Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the ...
October 10 2012 - 11:29AM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
Versant Corp. (“Versant” or the “Company”) (NASDAQ: VSNT) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to UNICOM Systems,
Inc.
Click here to learn more about the investigation:
http://zlk.9nl.com/versant-vsnt, or call: 877-363-5972.
There is no cost or obligation to you.
Under the terms of the agreement, Versant shareholders will
receive $11.50 for each share of Versant stock they own. The
transaction has a total approximate value of $32 million. The
investigation concerns whether the Versant Board of Directors
breached their fiduciary duties to stockholders by failing to
adequately shop the Company before entering into this transaction
and whether UNICOM Systems, Inc. is underpaying for Versant shares,
thus unlawfully harming Versant stockholders.
If you own common stock in Versant 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/versant-vsnt.
Levi & Korsinsky is a national firm with offices in New York
and Washington D.C. The firm has extensive expertise in prosecuting
securities litigation involving financial fraud, representing
investors throughout the nation in securities and shareholder
lawsuits. 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 securities lawsuits and have
successfully recovered multimillion-dollar damages awards on behalf
of investors. For more information, please feel free to contact any
of the attorneys listed below. Attorney advertising. Prior results
do not guarantee similar outcomes.
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