TMCnet News

RESPONSYS SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Responsys, Inc. (MKTG) Over the Proposed Sale of the Company to Oracle Corporation (ORCL)
[December 20, 2013]

RESPONSYS SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Responsys, Inc. (MKTG) Over the Proposed Sale of the Company to Oracle Corporation (ORCL)


NEW YORK --(Business Wire)--

Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Responsys, Inc. ("Responsys" or the "Company") (NasdaqGS:MKTG) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Oracle (News - Alert) Corporation (NYSE: ORCL) in a cash deal valued at $1.5 billion. Under the terms of the proposed transaction, Responsys stockholders will receive $27.00 in cash for each share of Responsys common stock they own.

Request more information now by clicking here: www.faruqilaw.com/MKTG. There is no cost or obligation to you.



The investigation focuses on whether Responsys Board of Directors breached their fiduciary duties to the Company's stockholders by failing to conduct an adequate and fair sales process prior to agreeing to this proposed transaction, whether and by how much this proposed transaction undervalues the Company to the detriment of Responsys shareholders.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients. To keep track of the latest securities litigation news, follow us on Twitter (News - Alert) at www.twitter.com/MergerActivity or on Facebook (News - Alert) at www.facebook.com/FaruqiLaw.


If you own common stock in Responsys and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/MKTG or contact Juan E. Monteverde, Esq. either via e-mail at [email protected] or by telephone at (877) 247-4292 or (212) 983-9330.

Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case.


[ Back To TMCnet.com's Homepage ]