NEW YORK, July 11, 2012 /PRNewswire/ -- Levi &
Korsinsky is investigating the Board of Directors of FX Alliance
Inc. ("FXall" or the "Company") (NYSE: FX) for possible breaches of
fiduciary duty and other violations of state law in connection with
the sale of the Company to Thomson Reuters (TSX/NYSE: TRI).
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Click here to learn how to join the action:
http://zlk.9nl.com/fx-alliance-fx, or call: 877-363-5972. There is
no cost or obligation to you.
Under the terms of the transaction, FXall shareholders will
receive $22 per share, for a total
transaction value of approximately $625
million. The investigation concerns whether FXall's Board of
Directors breached their fiduciary duties to stockholders by
failing to adequately shop the Company before entering into this
transaction and whether Thomson Reuters is underpaying for FXall
shares, thus unlawfully harming FXall stockholders. FXall's
largest shareholder and certain insiders collectively owning
approximately 32.5% of FXall's outstanding shares have agreed to
tender their shares into this offer, subject to certain terms and
conditions.
If you own common stock in FXall 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
http://zlk.9nl.com/fx-alliance-fx.
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
SOURCE Levi & Korsinsky, LLP