DALLAS, May 30, 2013 /PRNewswire/ -- Securities lawyers at Deans & Lyons announced an investigation against the board of Websense, Inc. (NASDAQ: WBSN) due to potential violations of shareholder protection laws in the acquisition by Vista Equity Partners. WBSN investors who bought or owned shares on or before May 17, 2013 are encouraged to contact attorney Hamilton Lindley at 877-819-8033 or [email protected] about their rights and remedies.
WBSN stockholders will receive $24.75 in the acquisition by Vista. This deal appears unfair because the company's stock traded for $24.94 on May 22, 2013 and as high as $27.82 in July 2011. The potential shareholder action seeks to obtain more value for WBSN stockholders through the disclosure of important information and ensuring the highest price reasonably available is obtained.
The securities lawyers of Deans & Lyons have significant experience representing investors nationwide in representative actions involving securities at no cost to its clients. Stockholders with concerns about this WBSN stock or anyone with information about this situation should contact Hamilton Lindley at [email protected] or 877-819-8033.
SOURCE Deans & Lyons LLP