NEW YORK, Sept. 30, 2013 /PRNewswire/ -- Levi &
Korsinsky is investigating the Board of Directors of Greenway
Medical Technologies, Inc. ("Greenway Medical" or the "Company")
(NYSE: GWAY) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the Company
to Vista Equity Partners. Greenway Medical will merge with Vista
Equity Partners' subsidiary, Vitera Healthcare Solutions.
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Click here to learn more about the investigation
http://zlk.9nl.com/greenway-medical-technologies-gway/, or
call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Greenway Medical
shareholders will receive $20.35 for
each share of Greenway Medical stock they own. Certain Greenway
insiders, including the Board of Directors and certain executive
officers owning a collective 50.9% of Greenway's outstanding
shares, have already agreed to tender their shares. The
investigation concerns whether the Greenway Medical Board of
Directors breached their fiduciary duties to stockholders by
failing to adequately shop the Company before agreeing to enter
into this transaction, and whether the Board of Directors is acting
in shareholders' best interests.
If you own Greenway Medical common stock 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 visit
http://zlk.9nl.com/greenway-medical-technologies-gway/.
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. 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: (212) 363-7171
www.zlk.com
SOURCE Levi & Korsinsky, LLP