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The Law Firm of Levi & Korsinsky, LLP Announces Investigation of Radiant Systems, Inc.

  //science-technology.news-articles.net/content/2 .. ounces-investigation-of-radiant-systems-inc.html
  Published in Science and Technology on Monday, July 11th 2011 at 16:45 GMT by Market Wire
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NEW YORK--([ BUSINESS WIRE ])--Levi & Korsinsky is investigating the Board of Directors of Radiant Systems, Inc. (aRadianta or the aCompanya) (NASDAQ: RADS) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to NCR Corporation (NYSE: NCR). Under the terms of the transaction, Radiant shareholders will receive $28.00 per share of Radiant stock they own. The transaction has a total approximate value of $1.2 billion.

Click here to learn how to join the action: [ http://www.zlk.com/radiant-systems-rads.html ], or call: 877-363-5972.

The investigation concerns whether the Radiant Board of Directors breached their fiduciary duties to Radiant stockholders by failing to adequately shop the Company before entering into this transaction and whether NCR Corporation is underpaying for Radiant shares, thus unlawfully harming Radiant stockholders.

If you own common stock in Radiant and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at [ jlevi@zlk.com ] or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit [ http://www.zlk.com/radiant-systems-rads.html ].

Levi & Korsinsky is a national firm with offices in New York, California and Washington D.C. The firm has extensive expertise in prosecuting investor securities litigation involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major litigations involving mergers and acquisitions. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.