Science & Technology
Science and Technology
Science and Technology 
Wed, March 16, 2011
Tue, March 15, 2011
The Law Offices of Vincent Wong Announce an Investigation into Possible Breaches of Fiduciary Duty by the Board of Lawson Softw
NEW YORK--([ BUSINESS WIRE ])--The Law Offices of Vincent Wong are investigating the Board of Directors of Lawson Software, Inc. (Nasdaq: LWSN) for possible breaches of fiduciary duty and other violations of state law in connection with the receipt of an acquisition proposal from Infor Global Solutions and Golden Gate Capital. Under the terms of the proposed transaction, Lawson shareholders would receive $11.25 in cash for each share of Lawson stock they own for a total transaction value of approximately $1.8 billion.
The investigation concerns whether the Lawson Board of Directors is adequately shopping the Company in order to obtain the best possible deal for Lawson shareholders. According to Thomson/First call, at least one analyst set a price target of $13.00 per share for Lawson stock and the offer is a discount to the $11.55 share price that Lawson stock closed at on the previous trading day.
If you own common stock in Lawson and wish to obtain additional information, please contact Vincent Wong, Esq. either via email [ vw@wongesq.com ], by telephone at 212.584.2740, or visit [ http://www.wongesq.com/lawson-software.html ].
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.