Morgan & Morgan Announces Investigation of Mavenir Systems, Inc. - MVNR
NEW YORK, March 6, 2015 /PRNewswire/ -- Morgan & Morgan, P.C. announces that it is investigating potential claims against the board of directors of Mavenir Systems, Inc. ("Mavenir" or the "Company") (NYSE: MVNR) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Mitel Networks Corporation ("Mitel") in a transaction valued at approximately $560 million in cash and stock.
If you own shares of Mavenir and would like to learn more about the Mavenir investigation, you may contact Morgan & Morgan at 1(800) 732-5200 or email [email protected].
Under the terms of the agreement, shareholders of Mavenir will receive only $11.08 and 0.675 Mitel share for each share of Mavenir stock they own.
About Morgan & Morgan
Morgan & Morgan is one of the nation's largest 200 law firms. In addition to shareholder rights, the firm also practices in the areas of antitrust, personal injury, consumer protection, overtime, and product liability. All of the Firm's legal endeavors are rooted in its core mission: provide investor and consumer protection and always fight "for the people."
Attorney advertising. Prior results do not guarantee a similar outcome.
Contact:
Morgan & Morgan
Peter Safirstein, Esq.
28 West 44th Street
Suite 2001
New York, NY 10036
1-800-732-5200
[email protected]
SOURCE Morgan & Morgan
Related Links
http://www.securitieslawfirm.com
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article