The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Du
The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of NYSE Euronext, Inc. in Connection with the Sale of the Company to IntercontinentalExchange, Inc.
NEW YORK--(BUSINESS WIRE)-- Levi & Korsinsky is investigating the Board of Directors of NYSE Euronext, Inc. ("NYSE" or the "Company") (NYS: NYX) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to IntercontinentalExchange, Inc. (NYS: ICE) .
Click here to learn how to join the action: http://zlk.9nl.com/nyse-euronext-nyx/, or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, NYSE shareholders may elect to receive either $33.12 in cash, 0.2581 IntercontinentalExchange, Inc. shares, or a combination of $11.27 in cash and 0.1703 shares of stock for each share of NYSE stock they own. The transaction has total approximate value of $8 billion. The investigation concerns whether the NYSE Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before entering into this transaction and whether IntercontinentalExchange, Inc. is underpaying for NYSE shares, thus unlawfully harming NYSE stockholders.
If you own common stock in NYSE and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or http://zlk.9nl.com/nyse-euronext-nyx/.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. 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 securities lawsuits and have successfully recovered multimillion-dollar damages awards on behalf of investors. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
Toll Free: 877-363-5972
KEYWORDS: United States North America New York
The article The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of NYSE Euronext, Inc. in Connection with the Sale of the Company to IntercontinentalExchange, Inc. originally appeared on Fool.com.
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