Acme Packet Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to Oracle

  Acme Packet Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP
  Investigate Sale to Oracle

Business Wire

DALLAS -- February 4, 2013

Former United States Securities and Exchange Commission attorney Willie
Briscoe and the securities litigation firm of Powers Taylor, LLP are
investigating the sale of Acme Packet, Inc. (“Acme”) (NasdaqGS: APKT) to
Oracle Corp. for shareholders. Under the terms of the proposed deal, Acme
shareholders will only receive $29.25 in cash for each share of Acme stock
owned, which is below at least one analyst’s estimated value of $30.00 per
share and the 52-week high of $36.27.

If you are an affected investor, and you want to learn more about the lawsuit
or join the action, please contact Willie Briscoe at The Briscoe Law Firm,
PLLC, (214) 239-4568, via email at WBriscoe@TheBriscoeLawFirm.com or Zach
Groover at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at
zach@powerstaylor.com. There is no cost or fee to you.

The Acme sale investigation centers on whether Acme shareholders are receiving
adequate compensation for their shares in the buyout, whether the transaction
undervalues Acme’s stock, and whether Acme’s board attempted to obtain the
highest share price for all shareholders prior to agreeing to the deal.
Notably, at least one analyst with Yahoo! Finance has estimated that the true
inherent value of Acme could be as high as $30.00 per share. According to
shareholder rights attorney Willie Briscoe, “due to the proposed sale price,
analysts’ estimates, the 52-week high, the recent performance of Acme and
other factors, we believe this transaction may undervalue Acme’s stock. Our
proposed 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.

Contact:

The Briscoe Law Firm, PLLC
Willie Briscoe, 214-239-4568
WBriscoe@TheBriscoeLawFirm.com
or
Powers Taylor, LLP
Zach Groover, 877-728-9607
zach@powerstaylor.com
 
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