Retalix Investor Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate
Sale to NCR Corporation
DALLAS -- November 28, 2012
Former United States Securities and Exchange Commission attorney Willie
Briscoe and the securities litigation firm of Powers Taylor, LLP are
investigating the sale of Retalix, Ltd. (“Retalix”) (NasdaqGS: RTLX) to NCR
Corporation for shareholders. Under the proposed deal valued at approximately
$650 million, Retalix shareholders will only receive $30.00 in cash for each
share of Retalix stock owned.
If you are an affected investor, and you want to learn more about the lawsuit
or join the action, contact Patrick Powers at Powers Taylor, LLP, toll free
(877) 728-9607, via e-mail at email@example.com, or Willie Briscoe at
The Briscoe Law Firm, PLLC, (214) 706-9314, or via email at
WBriscoe@TheBriscoeLawFirm.com. There is no cost or fee to you.
The Retalix sale investigation centers on whether Retalix’s shareholders are
receiving adequate compensation for their shares in the buyout, whether the
transaction undervalues Retalix’s stock, and whether Retalix’s board attempted
to obtain the highest share price for all shareholders prior to agreeing to
the deal. According to shareholder rights attorney Patrick Powers, “Due to
Retalix’s recent performance, the size of the deal and other factors, we
believe that this transaction may undervalue Retalix stock. Our lawsuit will
seek to obtain the highest share price for all shareholders.”
The Briscoe Law Firm, PLLC is a full service business litigation and
shareholder rights advocacy firm with more than 20 years of experience in
complex litigation and transactional matters.
Powers Taylor, LLP is a boutique litigation law firm that handles a variety of
complex business litigation matters, including claims of investor and
stockholder fraud, shareholder oppression, shareholder derivative suits, and
security class actions.
Powers Taylor, LLP
Patrick Powers, 877-728-9607
The Briscoe Law Firm, PLLC
Willie Briscoe, 214-706-9314
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