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Faruqi & Faruqi, LLP Announces Shareholder Investigation Related to the Acquisition of Art Technology Group, Inc. - ARTG

  //science-technology.news-articles.net/content/2 .. cquisition-of-art-technology-group-inc-artg.html
  Published in Science and Technology on Thursday, November 4th 2010 at 3:01 GMT by Market Wire
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NEW YORK--([ BUSINESS WIRE ])--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Art Technology Group, Inc. (aArt Technologya or the aCompanya) (NASDAQ: ARTG) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Oracle Corporation (NASDAQ: ORCL). The proposed transaction offers Art Technology shareholders to only receive $6.00 per share in cash. The transaction is valued at approximately $1 billion.

Request more information now by clicking here: [ www.faruqilaw.com/artg ]

Whether the Art Technologya™s Board of Directors breached their fiduciary duties to Art Technologya™s stockholders by failing to conduct an adequate and fair sales process to sell the Company prior to agreeing to this proposed transaction, whether the proposed transaction undervalues Art Technologya™s shares and by how much this proposed transaction undervalues the Company to the detriment of Art Technology shareholders are the key focus of this investigation.

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, through all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firma™s clients.

If you own common stock in Art Technology and wish to obtain additional information, please visit us at [ www.faruqilaw.com/artg ] or contact Juan E. Monteverde, Esq. either via e-mail at [ jmonteverde@faruqilaw.com ] or by telephone at (877) 247-4292 or (212) 983-9330.

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