ZIPREALTY, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
22 Julio 2014 - 5:29PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of ZipRealty, Inc.
(NASDAQ GM: ZIPR)?
- Did you purchase any of your shares
prior to July 15, 2014?
- Do you think the proposed buyout
price is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of ZipRealty,
Inc. (“ZipRealty” or the “Company”) (NASDAQ GM: ZIPR) regarding
possible breaches of fiduciary duties and other violations of law
related to the Company’s entry into an agreement to be acquired by
Realogy Holdings Corp. (“Realogy”) (NYSE: RLGY), in a transaction
valued at approximately $166 million.
Click here to learn more:
http://www.rigrodskylong.com/investigations/ziprealty-inc-zipr.
Under the terms of the agreement, public shareholders of
ZipRealty would receive $6.75 in cash for each share of ZipRealty
they own.
The investigation concerns whether ZipRealty’s board of
directors failed to adequately shop the Company and obtain the best
possible value for ZipRealty’s shareholders before entering into an
agreement with Realogy. According to Yahoo! Finance, at least one
analyst has issued a price target for ZipRealty stock at $9.00 per
share.
If you own the common stock of ZipRealty and purchased your
shares before July 15, 2014, if you have information or would like
to learn more about these claims, or if you wish to discuss these
matters or have any questions concerning this announcement or your
rights or interests with respect to these matters, please contact
Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2
Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at
(888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://www.rigrodskylong.com/investigations/ziprealty-inc-zipr.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in
states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M.
Serra888-969-4242302-295-5310Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
Ziprealty (MM) (NASDAQ:ZIPR)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Ziprealty (MM) (NASDAQ:ZIPR)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024