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Mon, October 24, 2011
[ Mon, Oct 24th 2011 ] - Market Wire
News Release

The Briscoe Law Firm and Powers Taylor, LLP Announce Investigation of RightNow Technologies, Inc.


Published on 2011-10-24 10:20:46 - Market Wire
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DALLAS--([ BUSINESS WIRE ])--Former United States Securities and Exchange Commission attorney [ Willie Briscoe ] and the securities litigation firm of [ Powers Taylor, LLP ] are investigating the acquisition of RightNow Technologies, Inc., (aRightNowa or aRNOWa) (NASDAQ: RNOW) by Oracle Corporation for RightNow shareholders. Under the proposed buyout, RightNow shareholders will receive $43.00 for each share of RightNow/RNOW stock owned. The definitive acquisition agreement involves an all cash transaction valued at approximately $1.5 billion, including assumption of debt.

"We are investigating the fairness of the proposed transaction to RightNow shareholders, seeking to determine whether the shareholders are being underpaid for their stock, and whether RNOWas Board of Directors acted in the shareholdersa best interest"

If you are an affected investor, and you want to learn more about the lawsuit or join the action, contact Patrick Powers at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at [ patrick@powerstaylor.com ], or Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 706-9314, or via email at [ WBriscoe@TheBriscoeLawFirm.com ]. There is no cost or fee to you.

aWe are investigating the fairness of the proposed transaction to RightNow shareholders, seeking to determine whether the shareholders are being underpaid for their stock, and whether RNOWas Board of Directors acted in the shareholdersa best interest,a said Willie Briscoe.

[ The Briscoe Law Firm, PLLC ] is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

[ Powers Taylor, LLP ] is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.