SHAREHOLDER ALERT: Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the ...
August 27 2012 - 11:04AM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
Deltek, Inc. (“Deltek” or the “Company”) (NasdaqGS: PROJ) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to Thoma Bravo
LLC.
Click here to learn more about the investigation:
http://zlk.9nl.com/deltek-proj/, or call: 877-363-5972.
There is no cost or obligation to you.
Under the terms of the transaction, Deltek shareholders will
receive $13.00 in cash for each Deltek share they own. The
transaction has a total approximate value of $1.1 billion. The
investigation concerns whether the Deltek Board of Directors
breached their fiduciary duties to minority stockholders by
entering into this transaction. An institutional investor
representing 100% of Deltek’s Class A and 59.5% of the Company’s
common stock has agreed to tender its shares. Accordingly, no
further approval of the takeover is required by Deltek
stockholders.
If you own common stock in Deltek 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 visit
http://zlk.9nl.com/deltek-proj/.
Levi & Korsinsky is a national firm with offices in New York
and Washington D.C. The firm has 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.
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