|[February 11, 2013]
Law Office of Brodsky & Smith, LLC Announces Investigation of Acme Packet, Inc.
BALA CYNWYD, Pa. --(Business Wire)--
Law office of Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Acme Packet (News - Alert), Inc.
("Acme" or the "Company") (Nasdaq:APKT) relating to the proposed
acquisition by Oracle Corporation ("Oracle").
Under the terms of the transaction, Acme shareholders will receive only
$29.25 in cash for each share of Acme stock they own. The investigation
concerns possible breaches of fiduciary duty and other violations of
state law by the Board of Directors of Acme for not acting in the
Company's shareholders' best interests in connection with the sale
process to Oracle (News - Alert). The transacton may undervalue the Company and will
result in a loss for many long term shareholders. For example Acme stock
traded at $35.99 as recently as February 16, 2012 and $82.61 on April
29, 2011. In addition, an analyst has set a $30.00 per share price
target for Acme stock.
If you own shares of Acme stock and wish to discuss the legal
ramifications of the proposed transaction, or have any questions, you
may e-mail or call the law office of Brodsky & Smith, LLC who will,
without obligation or cost to you, attempt to answer your questions. You
may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at
Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004,
by e-mail at email@example.com
by calling toll free 877-LEGAL-90.
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