SHAREHOLDER ALERT: Brower Piven Announces the Investigation of PokerTek,
Inc. in Connection with the Proposed Sale of the Company to Multimedia
STEVENSON, Md. -- May 8, 2014
The securities litigation law firm of Brower Piven, A Professional
Corporation, has commenced an investigation into possible breaches of
fiduciary duty to current shareholders of PokerTek, Inc. (“PokerTek” or the
“Company”) (NasdaqCM: PTEK) and other violations of state law by the board of
directors of PokerTek relating to the proposed buyout of the Company by
Multimedia Games, Inc., a subsidiary of Multimedia Games Holding Company, Inc.
Under the terms of the transaction, public shareholders of PokerTek will
receive $1.35 per share in cash for each share of PokerTek they own. The
firm’s investigation seeks to determine, among other things, whether the
Company’s board of directors breached their fiduciary duties by failing to
maximize shareholder value before agreeing to enter into this transaction, and
whether Multimedia Games is underpaying for PokerTek shares.
If you currently own common stock of PokerTek and would like to learn more
about the investigation being conducted by Brower Piven, without cost or
obligation to you, click here:
You may also request more information by contacting Brower Piven either by
email at email@example.com or by telephone at (410) 415-6616. Attorneys
at Brower Piven together have more than a century of experience litigating
securities and other class action cases.
Brower Piven, A Professional Corporation
Charles J. Piven
1925 Old Valley Road
Stevenson, Maryland 21153
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