The Law Offices of Vincent Wong Announce an Investigation of Radiant Systems, Inc.
July 19 2011 - 12:37PM
Business Wire
The Law Offices of Vincent Wong are investigating the Board of
Directors of Radiant Systems, Inc. (NASDAQ: RADS) for possible
breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to NCR Corporation (NYSE:
NCR). Under the terms of the proposed transaction, Radiant
shareholders will receive $28.00 in cash per share for a
transaction totaling approximately $1.2 billion.
The investigation concerns whether the Radiant Board of
Directors breached their fiduciary duties to Radiant stockholders
by failing to adequately shop the Company before entering into this
transaction and whether NCR Corporation is underpaying for Radiant
shares.
If you own common stock in Radiant 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/radiant-systems.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.
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