|[January 03, 2013]
WeissLaw LLP Investigates Zipcar, Inc.
NEW YORK --(Business Wire)--
WeissLaw LLP, a national class action and shareholder rights law firm
with offices in New York City and Los Angeles, is investigating possible
breaches of fiduciary duty and other violations of law by the Board of
Directors of Zipcar, Inc. ("Zipcar" or the "Company") (NasdaqGS: ZIP)
arising from its agreement for Zipcar to be acquired by Avis Budget
Group, Inc. ("Avis") (NasdaqGS: CAR), in a transaction valued at
approximately $500 million. Under the terms of the proposed transaction
Zipcar shareholders will receive $12.25 in cash for each Zipcar share
they own. This price is below the target price set by certain securities
WeissLaw LLP is investigating whether Zipcar's Board acted in the best
interests of its public shareholders by actively shopping the Company to
maximize shareholder value for Zpcar's public shareholders, prior to
entering into the proposed transaction with Avis. If you own Zipcar
shares and would like more information about your rights as a
shareholder or additional information concerning our investigation,
please contact Joshua M. Rubin either by email at email@example.com
or by telephone at (888) 593-4771.
WeissLaw LLP has litigated hundreds of stockholder class and derivative
actions for violations of corporate and fiduciary duties. We have
recovered over a billion dollars for defrauded institutions and
individuals and obtained important corporate governance in these cases.
If you have information or would like legal advice concerning possible
corporate wrongdoing (including insider trading, waste of corporate
assets, accounting fraud, or issuing materially misleading information),
consumer fraud (including false advertising, defective products, or
other deceptive business practices), or anti-trust violations, please
email us at firstname.lastname@example.org
or fill out the form on our website, http://www.weisslawllp.com/contact/report_fraud/.
Attorney Advertising. Past results do not guarantee a similar outcome.
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