Law Offices of Howard G. Smith Announces Investigation of Bazaarvoice Inc.
BENSALEM, Pa. -- March 6, 2013
Law Offices of Howard G. Smith announces that it is investigating potential
claims on behalf of shareholders of Bazaarvoice Inc. (“Bazaarvoice” or the
“Company”) (NASDAQ:BV). The investigation concerns possible breaches of
fiduciary duties by the Company or its fiduciaries.
Bazaarvoice provides various social commerce solutions in the United States
and internationally. The investigation is related to a civil antitrust lawsuit
filed by the Department of Justice (“DOJ”) against Bazaarvoice challenging the
Company's June 2012 acquisition of PowerReviews Inc. According to the DOJ, the
$168.2 million transaction substantially lessened competition in the market
for product ratings and reviews platforms in the United States, resulting in
higher prices and diminished innovation.
If you purchased Bazaarvoice shares and still hold those shares, if you have
information or would like to learn more about these claims, or if you wish to
discuss these matters or have any questions concerning this announcement or
your rights or interests with respect to these matters, please contact Howard
G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite
112, Bensalem, Pennsylvania 19020 by telephone at 215-638-4847, Toll-Free at
888-638-4847, or by email to email@example.com, or visit our
website at http://www.howardsmithlaw.com.
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
Press spacebar to pause and continue. Press esc to stop.