SHAREHOLDER ALERT: Law Firm Of Levi & Korsinsky, LLP Announces Investigation Of Ancestry.com (ACOM) And Cymer Inc. (CYMI)
NEW YORK, Oct. 22, 2012 /PRNewswire/ --
Ancestry.com Levi & Korsinsky is investigating the Board of Directors of Ancestry.com (NasdaqGS: ACOM) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to private equity firm Permira and co-investors comprised of Ancestry.com's CEO and CFO for $32 per share. As part of this transaction, Ancestry.com's CEO and President, Tim Sullivan, and the Company's CFO/COO, Howard Hochhauser, will maintain a majority of their equity stakes in the Company. Shares of Ancestry.com stock have traded above the offer price as recently as August 17, 2012 and at least one analyst has set a price target for Ancestry.com stock at $45 per share.
Click here to learn more about the investigation: http://zlk.9nl.com/ancestry-dotcom-acom or call: 877-363-5972.Cymer Inc.Levi & Korsinsky is investigating the Board of Directors of Cymer Inc. (NasdaqGS: CYMI) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to ASML Holding. Under the terms of the transaction, Cymer shareholders will receive $20.00 and 1.15502 ASML Holding shares for each share of Cymer common stock they own, representing a value of approximately $79.00. The transaction has a total approximate value of $1.5 billion. The investigation concerns whether the Cymer Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before entering into this transaction and whether ASML Holding is underpaying for Cymer shares, thus unlawfully harming Cymer stockholders. Click here to learn more about the investigation: http://zlk.9nl.com/cymer-cymi or call: 877-363-5972. 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. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT: Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard Korsinsky, Esq.30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500Toll Free: (877) 363-5972Fax: (212) 363-7171 www.zlk.com
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