NEW YORK, June 19, 2015 /PRNewswire/ -- Morgan &
Morgan announces that it is investigating potential claims against
the board of directors of Dealertrack Technologies, Inc.
("Dealertrack" or the "Company") (NasdaqGS: TRAK) concerning
possible breaches of fiduciary duty and other violations of law
related to the proposed acquisition of the Company by Cox
Automotive, Inc.
If you own shares of Dealertrack and would like to learn more
about the Dealertrack investigation, you may contact Morgan &
Morgan at 1(800) 732-5200 or email
info@morgansecuritieslaw.com.
Under the terms of the proposed transaction, Dealertrack's
shareholders will only receive $63.25
per share in cash for each share of Dealertrack common stock they
own. The proposed transaction has a value of approximately
$4 billion.
About Morgan & Morgan
Morgan & Morgan is one of the nation's largest 200 law
firms. In addition to shareholder rights, the firm also practices
in the areas of antitrust, personal injury, consumer protection,
overtime, and product liability. All of the Firm's legal endeavors
are rooted in its core mission: provide investor and consumer
protection and always fight "for the people."
Attorney advertising. Prior results do not guarantee a
similar outcome.
Contact:
Morgan & Morgan
Peter Safirstein, Esq.
28 West 44th Street
Suite 2001
New York, NY 10036
1-800-732-5200
info@morgansecuritieslaw.com
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SOURCE Morgan & Morgan