WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Rocket Fuel Inc. (“FUEL” or the “Company”) (NASDAQ: FUEL) in connection with the proposed acquisition of the Company by Sizmek Inc. (“Sizmek). Under the terms of the acquisition agreement, the Company’s shareholders will receive $2.60 in cash for each FUEL share they own.
WeissLaw is investigating whether FUEL’s Board acted to maximize shareholder value prior to entering into the agreement. Notably, at least one analyst set a target price of $3.50, or nearly $1.00 more than the offer price. Additionally, FUEL traded shares at $5.18, or nearly twice the offer price, as recently as May 9 of this year.
Given these facts, WeissLaw is investigating whether FUEL’s Board acted in the best interests of FUEL’s public shareholders to maximize shareholder value prior to entering into the agreement. If you own FUEL shares and would like more information about your rights or our investigation, or if you have information to share with us, please contact Joshua Rubin by telephone at (888) 593-4771 or by email at firstname.lastname@example.org.
WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at email@example.com or fill out the form on our website, http://www.weisslawllp.com/rocket-fuel-inc/