BUYOUT OF BLACKBERRY - LAW FIRM SEEKS HIGHER PRICE FOR SHAREHOLDERS
September 23, 2013
New York, New York
Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it has been retained to represent shareholders of Blackberry Ltd. Blackberry announced that it along with a consortium from Fairfax Holdings, which already owns 10% of Blackberry, will acquire the remaining shares that they do not already own for only $9 per share.
The investigation concerns whether the board of directors and senior management breached their fiduciary duties by not seeking a full and fair process through which shareholders would receive the maximum value for their shares while, at the same time, not obtaining personal benefits for their own self interests in selling the company to Fairfax for this price.
If you are a shareholder of Blackberry and would like additional information regarding this matter and how it affects your rights as as shareholder, please contact us at 1-877-772-3975 or email at contact @ tripplevy