Levi & Korsinsky is investigating the Board of Directors of NYSE Euronext (“NYSE Euronext” or the “Company”) (NYSE: NYX) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the company to Deutsche Boerse AG.
New York, NY, February 18, 2011 — Levi & Korsinsky is investigating the Board of Directors of NYSE Euronext (“NYSE Euronext” or the “Company”) (NYSE: NYX) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the company to Deutsche Boerse AG (NasdaqGS: DB1). Under the terms of the agreement, NYSE stockholders will receive 0.47 shares in the new company for each share of NYSE Euronext stock they own. NYSE Euronext shareholders would own a minority 40% interest in the new company.
Click here to learn more about the investigation: http://www.zlk.com/nyse-euronext-nyx.html, or call: 877-363-5972.
The investigation concerns whether the NYSE Euronext Board of Directors breached their fiduciary duties to NYSE Euronext stockholders by failing to adequately shop the Company before entering into this transaction and whether Deutsche Boerse AG is underpaying for NYSE Euronext shares, thus unlawfully harming NYSE Euronext stockholders. In particular, at least one analyst set a price target for NYSE Euronext stock at $46 per share.
If you own common stock in NYSE Euronext 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 visit http://www.zlk.com/nyse-euronext-nyx.html.
Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. 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 litigations involving mergers and acquisitions. 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
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Contact:
Joanna Chlebus
Levi & Korsinsky, LLP
30 Broad St
15th Floor
New York, NY 10004
[email protected]
212-363-7500
