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Date Posted: 3/16/2011

The Law Office of Joseph Klein is Investigating Possible Breaches of Fiduciary Duty by the Board of Lawson Software, Inc. in Connection with the Merger Proposal from Infor Global Solutions and Golden

 
 
NEW YORK--(BUSINESS WIRE)-- The Law Office of Joseph Klein is investigating the Board of Directors of Lawson Software, Inc. (Nasdaq:LWSN - News) for possible breaches of fiduciary duty and other violations of state law in connection with the receipt of an acquisition proposal from Infor Global Solutions and Golden Gate Capital. Under the terms of the proposed transaction, Lawson shareholders would receive $11.25 in cash per share of Lawson stock for a total transaction value of approximately $1.8 billion.

The investigation concerns whether the Lawson Board of Directors is adequately shopping the Company in order to obtain the best possible deal for Lawson shareholders. The offer is a discount to the $11.55 share price that Lawson stock closed at the previous day and at least one analyst set a price target of $13.00 per share for Lawson stock.

If you own common stock in Lawson and wish to obtain additional information, please contact Joseph Klein, Esq. directly, via email at jk@jkleinlawfirm.com, by telephone at 718-947-0005, Toll Free: 877-STOK-180, or visit http://www.jkleinlawfirm.com/lawson-software-lwsn.html.

Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

 
 


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