MOVE SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Move, Inc. Over the Proposed Sale of the Company ...
October 01 2014 - 6:15PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of Move, Inc.
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 Move, Inc. (“Move” or the
“Company”) (NasdaqGS: MOVE) for potential breaches of fiduciary
duties in connection with the sale of the Company to News
Corporation for approximately $950 million. The Company’s
stockholders will only receive $21.00 for each share of Move common
stock they own. At least on analyst has set a price target of
$23.00 for the Move.
Click here for more information:
www.faruqilaw.com/MOVE. There is no cost or
obligation to you.
The investigation focuses on whether Move’s Board of Directors
breached their fiduciary duties to the Company’s stockholders by
failing to conduct a fair sales process and whether and by how much
this proposed transaction undervalues the Company to the detriment
of Move’s 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 at
www.twitter.com/MergerActivity or on Facebook at
www.facebook.com/FaruqiLaw.
If you own common stock in Move and wish to obtain additional
information and protect your investments free of charge, please
visit us at www.faruqilaw.com/MOVE or contact Juan E. Monteverde,
Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone
at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2014 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.
Faruqi & Faruqi, LLP369 Lexington Avenue, 10th FloorNew
York, NY 10017Attn: Juan E. Monteverde,
Esq.jmonteverde@faruqilaw.comToll Free: (877) 247-4292Phone: (212)
983-9330
Movano (NASDAQ:MOVE)
Historical Stock Chart
From Apr 2024 to May 2024
Movano (NASDAQ:MOVE)
Historical Stock Chart
From May 2023 to May 2024