SHAREHOLDER ALERT: Law Firm of Levi & Korsinsky, LLP Notifies Investors of Claims Breaches of Fiduciary Duty by the Board of Ve
October 19 2012 - 11:39AM
Levi & Korsinsky notifies investors of Versant Corp. ("Versant"
or the "Company") (Nasdaq:VSNT) of claims of breaches of fiduciary
duty and other violations of state law in connection with the sale
of the Company to UNICOM Systems, Inc. A complaint was filed in
California state court.
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
claims concern 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.
CONTACT: Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th 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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