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Finkelstein Thompson LLP Announces Investigation of Ness Technologies

  //science-technology.news-articles.net/content/2 .. nnounces-investigation-of-ness-technologies.html
  Published in Science and Technology on Monday, June 13th 2011 at 13:10 GMT by Market Wire
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WASHINGTON--([ BUSINESS WIRE ])--Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Ness Technologies, Inc. (aNessa or athe Companya) (NASDAQ: NSTC) concerning a proposed merger with Citi Venture Capital International (aCitia), whereby Citi would acquire Ness for $7.75 per share in an all-cash deal.

The investigation is focused on the potential unfairness of the consideration to Ness shareholders, the process by which the Board of Directors considered the transaction, and potential conflicts of interests among Ness Board members. In particular, according to Yahoo! Finance, the Companya™s book value is $9.34 per share, and one analyst has set a target price at $8.00 per share.

If you are interested in discussing your rights as a Ness shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, D.C. 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.