SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of OmniComm Systems, Inc. to Anju Software, Inc. is Fair to Shareholders
NEW YORK, July 18, 2019 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased OmniComm Systems, Inc. (“OmniComm” or the “Company”) (OTCMKTS: OMCM) stock prior to July 16, 2019.
You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of OmniComm to Anju Software, Inc. (“Anju”). Under the terms of the deal, shares of OmniComm common stock will be cancelled and automatically converted into the right to receive $0.41032 per share, without interest. To learn more about the action and your rights, go to:
https://www.zlk.com/mna/omnicomm-systems-inc
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.
The OmniComm merger investigation concerns whether the Board of OmniComm breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Anju is underpaying for OmniComm shares, thus unlawfully harming OmniComm shareholders.
Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. 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 E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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