Rosen Law Firm Announces Investigation Of Ancestry.com In Connection With The Going Private Transaction Involving Its CEO And CFO – ACOM

The Rosen Law Firm is investigating the Board of Directors of Ancestry.com, Inc. (NASDAQ: ACOM) for possible breaches of fiduciary duty and other violations of state law in connection with its going private transaction involving its CEO, CFO, Spectrum Equity and Permira, a European private equity firm.

If you would like to join the action please email or call Phillip Kim or Kevin Chan, toll-free, at 866-767-3653; or email at pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or obligation to you.

Under the terms of the Transaction, shareholders will receive $32 for each share of Ancestry.com. The investigation relates to whether the Transaction is fair to public shareholders and whether Ancestry.com’s Board breached its fiduciary duties in connection with the Transaction.

If you own Ancestry.com common stock and wish to obtain additional information, you may contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Copyright Business Wire 2010