Law Offices of Howard G. Smith Announces Investigation of Radiant Systems, Inc.
14 July 2011 - 9:30AM
Business Wire
Law Offices of Howard G. Smith announces that it is
investigating potential claims against the board of directors of
Radiant Systems, Inc. (“Radiant Systems” or the “Company”)
(NASDAQ:RADS) related to the Company’s agreement to be acquired by
NCR Corp. in a proposed transaction where Radiant Systems
shareholders will receive $28.00 per share in a cash for stock
transaction. The transaction is valued at approximately $1.2
billion.
The investigation concerns whether the board of directors of
Radiant Systems breached their fiduciary duties to stockholders by
failing to adequately shop the Company before agreeing to enter
into the proposed transaction, and whether the Company has
disclosed all material information to shareholders about the
transaction.
If you are a shareholder of Radiant Systems, if you have
information or would like to learn more about these claims, or if
you wish to discuss these matters or have any questions concerning
this announcement or your rights or interests with respect to these
matters, please contact Howard G. Smith, Esquire, of Law Offices of
Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem,
Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at
(888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or
visit our website at http://www.howardsmithlaw.com.
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