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Technology Stocks : AUTH AuthenTec

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From: Savant7/28/2012 1:15:45 AM
   of 65
 
Legal beagles say AUTH shares might be undervalued...

SHAREHOLDER ALERT: Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of AuthenTec, Inc. in Connection with the Sale of the Company to Apple Inc.


SHAREHOLDER ALERT: Law Firm of Levi & Korsinsky, LLP Announces Investigation into  Possible Breaches of Fiduciary Duty by the Board of AuthenTec, Inc. in Connection  with the Sale of the Company to Apple Inc.    NEW YORK, Jul 27, 2012 (BUSINESS WIRE) -- Levi & Korsinsky is investigating the  Board of Directors of AuthenTec, Inc. ("AuthenTec" or the "Company") (AUTH) for  possible breaches of fiduciary duty and other violations of state law in  connection with the sale of the Company to Apple Inc. (AAPL).    Click here to learn more about the investigation:  zlk.9nl.com, or call: 877-363-5972. There is no cost or  obligation to you.    Under the terms of the transaction, AuthenTec shareholders will receive $8 per  share of AuthenTec stock they own. The transaction has a total approximate value  of $350 million. The investigation concerns whether the AuthenTec Board of  Directors breached their fiduciary duties to AuthenTec stockholders by failing to  adequately shop the Company before entering into this transaction and whether  Apple is underpaying for AuthenTec shares, thus unlawfully harming AuthenTec  stockholders.    If you own common stock in AuthenTec 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  zlk.9nl.com.    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. 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 securities lawsuits and have successfully recovered  multimillion-dollar damages awards on behalf of investors. For more information,  please feel free to contact any of the attorneys listed below. Attorney  advertising. Prior results do not guarantee similar outcomes.    SOURCE: Levi & Korsinsky, LLP    Levi & Korsinsky, LLP  Joseph Levi, Esq.  Eduard Korsinsky, Esq.  Tel: (212) 363-7500  Toll Free: (877) 363-5972  Fax: (212) 363-7171  zlk.com  
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