Science and Technology Science and Technology
Wed, November 2, 2011
[ Wed, Nov 02nd 2011 ] - Market Wire
Calix Expands VDSL2 Portfolio
Tue, November 1, 2011

The Law Offices of Vincent Wong Announce an Investigation of RightNow Technologies Inc.


Published on 2011-11-01 21:41:31 - Market Wire
  Print publication without navigation


NEW YORK--([ BUSINESS WIRE ])--The Law Offices of Vincent Wong are investigating the Board of Directors of RightNow Technologies Inc. (aRightNowa or the aCompanya) (NASDAQ: RNOW) of claims of possible breaches of fiduciary duty and other violations of state law against the Board of Directors in connection with the sale of the Company to Oracle Corporation (NASDAQ: ORCL). Under the terms of the transaction, RightNow shareholders will receive $43.00 per share of RightNow stock they own. The transaction is valued at approximately $1.5 billion, including the assumption of debt. A complaint was filed in Delaware state court.

To get more information and join the action, click here: [ http://www.wongesq.com/rightnow-technologies-rnow.html ].

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

If you own common stock in RightNow 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/rightnow-technologies-rnow.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.