Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of RightNow Technologies, Inc. (“RightNow” or the “Company”) (Nasdaq: RNOW) relating to the proposed acquisition by Oracle Corporation (“Oracle”).
Under the terms of the transaction RightNow shareholders would receive $43.00 in cash for each share of RightNow stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of RightNow for not acting in the RightNow shareholders' best interests in connection with the sale process to Oracle. The transaction may undervalue RightNow as a result of failing to adequately shop the Company.
If you own shares of RightNow stock and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at
, or by calling toll free 877-LEGAL-90.