The Law Firm of Levi & Korsinsky, LLP Announces Investigation of INX, Inc.
November 03 2011 - 10:32PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
INX, Inc. (“INX” or the “Company”) (NASDAQ: INXI) for possible
breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to Presidio, Inc. Under the
terms of the transaction, INX shareholders will receive $8.75 for
each share of INX stock they own. The transaction has a total
approximate value of $85 million.
Click here to learn how to join the action:
http://www.zlk.com/inx-inxi, or call: 877-363-5972.
The investigation concerns whether the INX Board of Directors
breached their fiduciary duties to INX stockholders by failing to
adequately shop the Company before entering into this transaction
and whether Presidio, Inc. is underpaying for INX shares, thus
unlawfully harming INX stockholders.
If you own common stock in INX and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email
at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free:
(877) 363-5972, or http://www.zlk.com.
Levi & Korsinsky is a national firm with offices in New
York, California and Washington D.C. The firm has extensive
expertise in prosecuting investor securities litigation 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.
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