INVESTOR ALERT Levi & Korsinsky, LLP Announces Investigation of XYRATEX LTD. and Its Board of Directors In Connection With the

  INVESTOR ALERT Levi & Korsinsky, LLP Announces Investigation of XYRATEX LTD.
  and Its Board of Directors In Connection With the Sale of the Company to
  Intrexon Corporation -- XRTX

Business Wire

NEW YORK -- December 23, 2013

Levi & Korsinsky is investigating the Board of Directors of Xyratex Ltd.
(“Xyratex” or “the Company”) (NasdaqGS:XRTX) for possible breaches of
fiduciary duty and other violations of state law in connection with the sale
of the Company to Seagate Technology plc (NasdaqGS:STX).

Click here to learn more about the action http://zlk.9nl.com/xyratex-xrtx/, or
call: 877-363-5972. There is no cost or obligation to you.

Under the terms of transaction, Xyratex shareholders will receive $13.25 in
cash for each share of Xyratex stock they own. The transaction has a total
approximate value of $374 million. The investigation concerns whether the
Xyratex Board of Directors breached their fiduciary duties to stockholders by
failing to adequately shop the Company before agreeing to enter into this
transaction, and whether Seagate Technology plc is underpaying for Xyratex
shares. In particular at least one analyst set a price target for Xyratex
stock at $14.00 per share.

If you own Xyratex common stock and wish to obtain additional information,
please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by
telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit
http://zlk.9nl.com/xyratex-xrtx/.

Levi & Korsinsky is a national firm with offices in New York, New Jersey,
Connecticut and Washington D.C. The firm’s 26 attorneys have extensive
expertise in prosecuting securities litigation involving financial fraud,
representing investors throughout the nation in securities and shareholder
lawsuits. For more information, please feel free to contact any of the
attorneys listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.

Contact:

Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 866-367-6510
www.zlk.com
 
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