INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of Overland Storage, Inc. and Its Board of Directors In Connectio

  INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of Overland
 Storage, Inc. and Its Board of Directors In Connection With the Sale of the
                   Company to Sphere 3D Corporation -- OVRL

PR Newswire

NEW YORK, May 21, 2014

NEW YORK, May 21, 2014 /PRNewswire/ -- Levi & Korsinsky is investigating the
Board of Directors of Overland Storage, Inc. ("Overland Storage" or "the
Company") (Nasdaq: OVRL) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the Company to Sphere
3D Corporation ("Sphere 3D").

Protecting the Rights of Shareholders.

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

Under the terms of the transaction, Overland Storage shareholders will receive
0.510594 shares of Sphere 3D for each share of Overland Storage stock they
own, subject to certain potential adjustments; this represents an approximate
value of $4.43 per share. The investigation concerns whether the Overland
Storage 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 Sphere 3D is underpaying for Overland Storage shares.

If you own Overland Storage 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/overland-storage-ovrl.

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.

Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com

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SOURCE Levi & Korsinsky, LLP

Website: http://www.zlk.com
 
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