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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Sale of GlobalSCAPE, Inc. to HelpSystems, LLC
July 20, 2020 11:50 AM EDT | Source: Levi & Korsinsky, LLP
New York, New York--(Newsfile Corp. - July 20, 2020) - The following statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased GlobalSCAPE, Inc. ("GlobalSCAPE" or the "Company") (NYSE: GSB) stock prior to July 20, 2020.
You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of GlobalSCAPE to HelpSystems, LLC ("Helpsystems"). Under the terms of the merger, HelpSystems will acquire all outstanding shares of GlobalSCAPE for $9.50 per share in cash. To learn more about the action and your rights, go to:
https://www.zlk.com/mna2/globalscape-inc-information-request-form
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 GlobalSCAPE merger investigation concerns whether the Board of GlobalSCAPE breached their fiduciary duties to stockholders by failing to fully explore the company's options before agreeing to enter into this transaction and whether Helpsystems is underpaying for InnerWorkings shares, thus unlawfully harming GlobalSCAPE shareholders.
Levi & Korsinsky is a nationally recognized 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
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/60110