Ryan & Maniskas, LLP Announces Investigation of Radiant Systems, Inc.
July 12 2011 - 11:13AM
Business Wire
Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/rads) is
investigating potential claims against the board of directors of
Radiant Systems, Inc. ("Radiant Systems" or the "Company") (NASDAQ:
RADS) concerning possible breaches of fiduciary duty and other
violations of law related to the Company’s efforts to sell Radiant
Systems to NCR Corporation in a transaction valued at approximately
$1.2 billion.
Our investigation concerns possible breaches of fiduciary duty
and other violations of law related to the approval of the
transaction by Company’s board of directors; in particular, whether
the Company undertook a fair process to obtain fair consideration
for all shareholders of Radiant Systems. For more information
regarding our investigation, please contact Ryan & Maniskas,
LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or
by email at rmaniskas@rmclasslaw.com or visit:
www.rmclasslaw.com/cases/rads.
Under the terms of the definitive agreement, Radiant Systems
shareholders will receive $28.00 in cash for each share of Radiant
Systems common stock that they own.
If you own shares of Radiant Systems and would like to learn
more about these claims or if you wish to discuss these matters and
have any questions concerning this announcement or your rights,
contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or
to sign up online, visit: www.rmclasslaw.com/cases/rads. You may
also email Mr. Maniskas at rmaniskas@rmclasslaw.com. For more
information about class action cases in general, please visit our
website: www.rmclasslaw.com.
Ryan & Maniskas, LLP is a national shareholder litigation
firm. Ryan & Maniskas, LLP is devoted to protecting the
interests of individual and institutional investors in shareholder
actions in state and federal courts nationwide.
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