|[April 23, 2014]
INVESTOR ALERT Levi & Korsinsky, LLP Announces Investigation of Cbeyond, Inc. and Its Board of Directors In Connection With the Sale of the Company to Birch Communications, Inc.
NEW YORK --(Business Wire)--
Levi & Korsinsky is investigating the Board of Directors of Cbeyond (News - Alert),
Inc. ("Cbeyond" or "the Company") (NasdaqGS: CBEY) for possible breaches
of fiduciary duty and other violations of state law in connection with
the sale of the Company to Birch Communications, Inc.
Click here to learn more about the action http://zlk.9nl.com/cbeyond-cbey,
or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Cbeyond shareholders will receive
betwen $9.97 and $10.00 per share in cash for each share of Cbeyond
stock they own; the exact amount will be determined after certain stock
transactions occur. The investigation concerns whether the Cbeyond Board
of directors breached their fiduciary duties to stockholders by failing
to adequately shop the Company before agreeing to enter into this
transaction, and whether Birch Communications, Inc. is underpaying for
If you own Cbeyond common stock and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/cbeyond-cbey.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. For more information, please feel
free to contact any of the attorneys listed below. Attorney advertising.
Prior results do not guarantee similar outcomes.
[ Back To Technology News's Homepage ]