Opower Shareholder Notice: Faruqi & Faruqi, LLP Announces the Investigation of Opower, Inc. (OPWR) over the Proposed Sale of ...
03 Mayo 2016 - 3:36PM
Business Wire
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a
leading national securities firm headquartered in New York City, is
investigating the Board of Directors of Opower, Inc. (“Opower” or
the “Company”) (NYSE:OPWR) for potential breaches of fiduciary
duties in connection with the sale of the Company to Oracle
Corporation for approximately $532 million.
The Company’s stockholders will only receive $10.30 in cash for
each share of Company common stock they own. However, this
consideration is below at least one analyst’s price target of
$20.00 per share and Opower’s 52-week high of $12.97 per share.
Click here for more information:
www.faruqilaw.com/OPWR. There is no cost or
obligation to you.
The investigation focuses on whether Opower’s Board of Directors
breached their fiduciary duties to the Company’s stockholders by
failing to conduct a fair sales process and whether and by how much
this proposed transaction undervalues the Company to the detriment
of Opower’s shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, throughout all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients. To keep track of the latest
securities litigation news, follow us on Twitter at
www.twitter.com/MergerActivity or on Facebook at
www.facebook.com/FaruqiLaw.
If you own common stock in Opower and wish to obtain additional
information and protect your investments free of charge, please
visit us at www.faruqilaw.com/OPWR or contact Juan Monteverde, Esq.
either via e-mail at jmonteverde@faruqilaw.com or by telephone at
(877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2016 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160503006876/en/
Faruqi & Faruqi, LLP685 Third Avenue, 26th FloorNew York, NY
10017Attn: Juan Monteverde, Esq.jmonteverde@faruqilaw.comToll Free:
877-247-4292Phone: 212-983-9330
OPOWER, INC. (NYSE:OPWR)
Gráfica de Acción Histórica
De Sep 2024 a Oct 2024
OPOWER, INC. (NYSE:OPWR)
Gráfica de Acción Histórica
De Oct 2023 a Oct 2024