NEW YORK--(BUSINESS WIRE)--Kirby McInerney LLP is investigating potential claims against the Board of Directors of Responsys, Inc. (“Responsys” or the “Company”) (NASDAQ:MKTG) concerning the proposed acquisition of the Company by Oracle Corporation (“Oracle”) (NYSE:ORCL). Under the terms of the merger agreement, Responsys stockholders will receive $27.00 in cash for each share of Responsys owned, valuing the transaction at approximately $1.5 billion.
The investigation concerns whether the Responsys Board of Directors violated its fiduciary duties by agreeing to the proposed transaction and whether the $27.00 per share proposed consideration adequately values Responsys’ common stock.
If you are a Responsys stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at firstname.lastname@example.org, or by telephone at (212) 699-1145 or (888) 529-4787. There is no cost or obligation to you.
Kirby McInerney LLP is a New York-based law firm concentrating in securities, shareholder, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.