NEW YORK, Dec. 12, 2013 (GLOBE NEWSWIRE) -- Levi & Korsinsky notifies investors of Harris Interactive Inc. ("Harris Interactive") (Nasdaq:HPOL) of claims of breaches of fiduciary duty against the board of directors of the Company in relation to the Company's recently-announced merger agreement with Nielsen Holdings N.V. ("Nielsen") (NYSE:NLSN). A complaint was filed in Delaware state court.
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On November 25, 2013 Nielsen Holdings announced it would purchase all outstanding common stock through a subsidiary formed for the purposes of making the offer. Under the terms of the transaction, Harris Interactive shareholders will receive $2.00 for each share of Nielsen Holdings stock they own, subject to adjustment. The claims concern whether the Harris Interactive 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 Nielsen is underpaying for Harris Interactive shares. Certain members of Harris Interactive's Board have agreed to tender their shares.
If you own Harris Interactive common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/harris-interactive-hpol/.
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. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (866) 367-6510 www.zlk.comSource:Levi & Korsinsky, LLP