SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by Board of Greenway Medi...
October 14 2013 - 11:34AM
Marketwired
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of
Claims of Breaches of Fiduciary Duty by Board of Greenway Medical
Technologies, Inc. in Connection With Sale of Company to Vista
Equity Partners
NEW YORK, NY--(Marketwired - Oct 14, 2013) - Levi &
Korsinsky notifies investors of Greenway Medical Technologies, Inc.
("Greenway Medical" or the "Company") (NYSE: GWAY) of claims of
breaches of fiduciary duty and other violations of state law
against the board of directors of the Company in connection with
the sale of the Company to Vista Equity Partners. Greenway Medical
will merge with Vista Equity Partners' subsidiary, Vitera
Healthcare Solutions. A complaint was filed in Georgia state
court.
Click here to learn more about the case
http://zlk.9nl.com/greenway-medical-technologies-gway/, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Greenway Medical
shareholders will receive $20.35 for each share of Greenway Medical
stock they own. Certain Greenway insiders, including the Board of
Directors and certain executive officers owning a collective 50.9%
of Greenway's outstanding shares, have already agreed to tender
their shares. The claims concern whether the Greenway Medical 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 the Board of Directors is acting
in shareholders' best interests.
If you own Greenway Medical 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/greenway-medical-technologies-gway/.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey 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. 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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