Science & Technology
Science and Technology
Science and Technology
Thu, March 29, 2012
Wed, March 28, 2012 The Law Firm of Levi &;; Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty Against the Board
March 28, 2012 16:58 ET
The Law Firm of Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty Against the Board of Transcend Services, Inc. in Connection With the Sale of the Company to Nuance Communications, Inc.
NEW YORK, NY--(Marketwire - Mar 28, 2012) - Levi & Korsinsky notifies investors of Transcend Services, Inc. ("Transcend" or the "Company") (
Click here to learn how to join the action: [ http://www.zlk.com/transcend-services-trcr ], or call: 877-363-5972. There is no cost or obligation to you.
The claims concern whether the Transcend Board of Directors breached their fiduciary duties to Transcend stockholders by failing to adequately shop the Company before entering into this transaction and whether Nuance Communications, Inc. is underpaying for Transcend shares, thus unlawfully harming Transcend stockholders. In particular, at least one analyst set a price target of $34.00 per share of Transcend stock.
If you own common stock in Transcend 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.
