Science & Technology
Tue, August 23, 2011Mon, August 22, 2011Sun, August 21, 2011Sat, August 20, 2011Fri, August 19, 2011Thu, August 18, 2011Wed, August 17, 2011Tue, August 16, 2011Mon, August 15, 2011Sun, August 14, 2011Fri, August 12, 2011Thu, August 11, 2011Wed, August 10, 2011Tue, August 9, 2011Mon, August 8, 2011Sun, August 7, 2011Sat, August 6, 2011Fri, August 5, 2011Thu, August 4, 2011Wed, August 3, 2011The Law Firm of Levi & Korsinsky, LLP Announces Investigation of Motorola Mobility Holdings, Inc.
Published in Science and Technology on Monday, August 15th 2011 at 8:26 GMT by Market Wire
NEW YORK--([ BUSINESS WIRE ])--Levi & Korsinsky is investigating the Board of Directors of Motorola Mobility Holdings, Inc. (aMotorola Mobilitya or the aCompanya) (NYSE: MMI) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Google Inc. (NASDAQ: GOOG). Under the terms of the transaction, Motorola Mobility stockholders will receive $40.00 in cash for each share of Motorola Mobility stock they own. The transaction has a total approximate value of $12.5 billion.
Click here to learn how to join the action: [ http://www.zlk.com/motorola-mobility-mmi ], or call: 877-363-5972.
The investigation concerns whether the Motorola Mobility Board of Directors breached their fiduciary duties to Motorola Mobility stockholders by failing to adequately shop the Company before entering into this transaction and whether Google Inc. is underpaying for Motorola Mobility shares, thus unlawfully harming Motorola Mobility stockholders. In particular, at least one analyst set a price target for Motorola Mobility stock at $42.00 per share.
If you own common stock in Motorola Mobility 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 [ http://www.zlk.com ].
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.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 15th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
[ www.zlk.com ]
