The Law Firm of Levi & Korsinsky, LLP Announces Investigation Into Possible Breaches of Fiduciary Duty by the Board of DemandTec, Inc. in Connection With the Sale of the Company to International Business Machines Corp.

NEW YORK, Dec. 8, 2011 /PRNewswire/ -- Levi & Korsinsky is investigating the Board of Directors of DemandTec, Inc. ("DemandTec" or the "Company") (NASDAQ: DMAN) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to International Business Machines Corp. ("IBM") (NYSE: IBM).  Under the terms of the transaction, DemandTec shareholders will receive $13.20 per share of DemandTec stock they own. The transaction has a total approximate value of $440 million.

Click here to learn how to join the action: http://www.zlk.com/demandtec-dman, or call: 877-363-5972.

The investigation concerns whether the DemandTec Board of Directors breached their fiduciary duties to DemandTec stockholders by failing to adequately shop the Company before entering into this transaction and whether IBM  is underpaying for DemandTec shares, thus unlawfully harming DemandTec stockholders.

If you own common stock in DemandTec and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or http://www.zlk.com.

Levi & Korsinsky 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.  For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT: 
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 15th Floor 
New York, NY 10004 
Tel: (212) 363-7500
Toll Free:  (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

SOURCE Levi & Korsinsky, LLP