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Finkelstein Thompson LLP Announces Investigation of Novell Inc.


//science-technology.news-articles.net/content/2 .. n-llp-announces-investigation-of-novell-inc.html
Published in Science and Technology on Tuesday, November 23rd 2010 at 16:10 GMT by Market Wire   Print publication without navigation


WASHINGTON--([ BUSINESS WIRE ])--Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Novell Inc. (aNovella or the aCompanya) (Nasdaq: NOVL) concerning the sale of the Company to Attachmate Corp. for $6.10 in cash for every share of common stock owned in a transaction valued at approximately $2.2 billion.

The investigation is focused on the potential unfairness of the deal price to Novell shareholders, the process by which the Board of Directors considered the transaction, and potential conflicts of interests among Novell Board members. Indeed, the stock closed at $6.14 on October 14, 2010, and according to Yahoo! Finance at least one analyst has set a target price of $7.50 for Novella™s shares.

If you are interested in discussing your rights as a Novell shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at [ contact@finkelsteinthompson.com ].

Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.

To learn more about Finkelstein Thompson LLP, please visit our web site at [ www.finkelsteinthompson.com ]. Attorney advertising. Prior results do not guarantee similar outcomes.


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