NEW YORK, Jan. 8, 2015 /PRNewswire/ -- The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Peerless Systems Corporation (NasdaqCM: PRLS) ("Peerless") in connection with the sale of the Company to Mobius Acquisition, LLC.
Click here to learn about the case: http://docs.wongesq.com/PRLS-Info-Request-Form-551. There is no cost or obligation to you.
Under the terms of the transaction, Peerless shareholders will receive $7.00 in cash for each share of Peerless stock they own. The investigation concerns whether the Board of Peerless breached their fiduciary duty to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Mobius Acquisition, LLC is underpaying for Peerless shares.
If you own common stock in Peerless and wish to obtain additional information, please contact Vincent Wong, Esq. either via email [email protected], by telephone at 212.425.1140, or visit http://docs.wongesq.com/PRLS-Info-Request-Form-551.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
Vincent Wong, Esq.
39 East Broadway
New York, NY 10002
E-Mail: [email protected]
SOURCE The Law Offices of Vincent Wong