NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky is investigating the Board of Directors of Riverbed Technology, Inc. (“Riverbed” or “the Company”) (NasdaqGS: RVBD) for possible breaches of fiduciary duty and other violations of state law in connection with the receipt of a going private proposal from Elliott Management.
Click here to learn more about the action http://zlk.9nl.com/riverbed-technology-rvbd, or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the proposed transaction, Riverbed shareholders would receive $19.00 for each share of Riverbed stock they own. The investigation concerns whether the Riverbed Board of Directors is engaging in a fair and adequate sales process and acting in shareholders best interest. Elliott Management and its affiliates collectively own approximately 10.5% of Riverbed stock.
If you own Riverbed common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/riverbed-technology-rvbd.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s 26 attorneys have 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.