The Law Firm of Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by the Board of Eloqua, Inc. i
18 January 2013 - 7:03AM
Levi & Korsinsky notifies investors of Eloqua, Inc. ("Eloqua"
or the "Company") (Nasdaq:ELOQ) of claims of breaches of fiduciary
duty and other violations of state law in connection with the sale
of the Company to Oracle Corporation. A complaint was filed in
Delaware state court.
Click here to learn how to join the action:
http://zlk.9nl.com/eloqua-eloq/, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Eloqua shareholders will
receive $23.50 for each share of Eloqua stock they own. The claims
concern whether the Eloqua Board of Directors breached their
fiduciary duties to stockholders by failing to adequately shop the
Company before entering into this transaction and whether Oracle
Corporation is underpaying for Eloqua shares, thus unlawfully
harming Eloqua stockholders. In particular, at least one analyst
set a price target of $27.00 per Eloqua share.
If you own common stock in Eloqua and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email
at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free:
(877) 363-5972, or
http://zlk.9nl.com/eloqua-eloq/.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, 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. The attorneys at Levi & Korsinsky
have been appointed by numerous courts throughout the country to
serve as lead counsel on behalf of shareholders in major securities
lawsuits and have successfully recovered multimillion-dollar
damages awards on behalf of investors. For more information,
please feel free to contact any of the attorneys listed below.
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) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
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