SAN DIEGO and SEATTLE, Aug. 26, 2015 /PRNewswire/ -- Shareholder rights attorneys at Robbins Arroyo LLP are investigating whether certain officers and directors of zulily, Inc. (NASDAQGS: ZU) violated any laws in connection with the company's initial public offering and entry into an agreement to be acquired by Liberty Interactive Corporation. The investigation concerns whether zulily's board of directors failed to adequately shop the company and obtain the best possible value for zulily's shareholders before entering into the agreement. Notably, the merger price is significantly below the company's offering price. Zulily operates as an international online retailer.
View this press release on the law firm's Shareholder Rights Blog:
Zulily Shareholders Have Legal Options
Concerned shareholders who would like more information about their rights and potential remedies can contact attorney Darnell R. Donahue at (800) 350-6003, DDonahue@robbinsarroyo.com, or via the shareholder information form on the firm's website.
Robbins Arroyo LLP is a nationally recognized leader in securities litigation and shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested. For more information, please go to www.robbinsarroyo.com.
Attorney Advertising. Past results do not guarantee a similar outcome.
SOURCE Robbins Arroyo LLP