Levi & Korsinsky is investigating the Board of Directors of Lawson Software, Inc. (Nasdaq: LWSN) for possible breaches of fiduciary duty and other violations of state law in connection with the receipt of an acquisition proposal from Infor and Golden Gate Capital.
New York, NY, March 15, 2011 — Levi & Korsinsky is investigating the Board of Directors of Lawson Software, Inc. (“Lawson”) (Nasdaq: LWSN) for possible breaches of fiduciary duty and other violations of state law in connection with the receipt of an acquisition proposal from Infor Global Solutions and Golden Gate Capital. Under the terms of the proposed transaction, Lawson shareholders would receive $11.25 in cash for each share of Lawson stock they own for a total transaction value of approximately $1.8 billion.
Click here to learn more about the investigation: http://www.zlk.com/lawson-software-lwsn.html, or call: 877-363-5972.
The investigation concerns whether the Lawson Board of Directors is adequately shopping the Company in order to obtain the best possible deal for Lawson shareholders. In particular, at least one analyst set a price target of $13.00 per share for Lawson stock and the offer is a discount to the $11.55 share price that Lawson stock closed at the previous day.
If you own common stock in Lawson 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/lawson-software-lwsn.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
212-363-7500
[email protected]
