Science & Technology
Science and Technology
Science and Technology 
Tue, March 15, 2011
Mon, March 14, 2011
Robbins Umeda LLP is Investigating Lawson Software, Inc. Acquisition for Shareholders
SAN DIEGO--([ BUSINESS WIRE ])--Robbins Umeda LLP, a [ shareholder rights litigation ] firm, is investigating possible breaches of fiduciary duty and other violations of state law by members of the board of directors of Lawson Software, Inc. (Nasdaq: LWSN) in connection with their efforts to sell Lawson to Infor Global Solutions and Golden Gate Capital.
If you own stock in Lawson and would like more information about your [ rights as a shareholder ], please [ contact ] attorney Gregory E. Del Gaizo at 800-350-6003 or by e-mail at [ info@robbinsumeda.com ]. Those who inquire by e-mail are encouraged to include their mailing address and telephone number.
On March 14, 2011, Lawson announced it has received a proposal to be taken private by Infor Global Solutions and Golden Gate Capital. Under the current proposal, Lawson shareholders will receive $11.25 in cash for each share of Lawson common stock they hold.
The investigation seeks to determine whether Lawson's board of directors is undertaking a fair process to obtain maximum value for its shareholders. One analyst has a $13.00 target price for Lawson. Further, Lawson's stock traded as high as $13.06 today as the market priced company's value higher than the current proposal. Moreover, on January 6, 2011, the company reported second quarter 2011 results that beat analysts' expectations.
Robbins Umeda LLP represents individual and institutional shareholders in derivative, direct, and class action lawsuits. The law firm's skilled litigation teams include former federal prosecutors, former defense counsel from top multinational corporate law firms, and career [ shareholder rights attorneys ]. Robbins Umeda LLP has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested. For more information, please go to [ http://www.robbinsumeda.com ].
Press release link: [ http://www.robbinsumeda.com/shareholders-rights-blog/lawson-software-inc/ ]
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