N@N

Faruqi & Faruqi, LLP Announces Shareholder Investigation Related to the Acquisition of ActivIdentity Corp. - ACTI

_{//science-technology.news-articles.net/content/2 .. -the-acquisition-of-actividentity-corp-acti.html}
^{Published in Science and Technology on Saturday, November 6th 2010 at 8:36 GMT by Market Wire}  

NEW YORK--([ BUSINESS WIRE ])--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of ActivIdentity Corp. (aActivIdentitya or the aCompanya) (NASDAQ: ACTI) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Assa Abloy. The proposed transaction offers ActivIdentity shareholders to only receive $3.25 per share in cash. According to Yahoo! Finance, at least one financial analyst values ActivIdentitya™s common stock at $4.50 per share. The transaction is valued at approximately $162 million.

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

Whether the ActivIdentitya™s Board of Directors breached their fiduciary duties to ActivIdentitya™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 ActivIdentitya™s shares and by how much this proposed transaction undervalues the Company to the detriment of ActivIdentity 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 ActivIdentity and wish to obtain additional information, please visit us at [ www.faruqilaw.com/ACTI ] 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.

Attorney Advertising.(C) 2010 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.