Law Office of Brodsky & Smith, LLC Announces Investigation of Acme Packet, Inc.

Wed Feb 6, 2013 9:30pm EST

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BALA CYNWYD, Pa.,  Feb. 6, 2013  /PRNewswire/ -- Law office of Brodsky & Smith,
LLC announces that it is investigating potential claims against the Board of
Directors of Acme Packet, Inc. ("Acme" or the "Company") (Nasdaq- APKT) relating
to the proposed acquisition by Oracle Corporation ("Oracle").  

Under the terms of the transaction, Acme shareholders will receive only  $29.25 
in cash for each share of Acme stock they own. The investigation concerns
possible breaches of fiduciary duty and other violations of state law by the
Board of Directors of Acme for not acting in the Company's shareholders' best
interests in connection with the sale process to Oracle. The transaction may
undervalue the Company and will result in a loss for many long term
shareholders. For example Acme stock traded at  $35.99  as recently as  February
16, 2012  and  $82.61  on  April 29, 2011. In addition, an analyst has set a 
$30.00  per share price target for Acme stock.

If you own shares of Acme stock and wish to discuss the legal ramifications of
the proposed transaction, or have any questions, you may e-mail or call the law
office of Brodsky & Smith, LLC who will, without obligation or cost to you,
attempt to answer your questions.  You may contact  Jason L. Brodsky, Esquire 
or  Evan J. Smith, Esquire  at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, 
Bala Cynwyd, PA  19004, by e-mail at  investorrelations@brodsky-smith.com 
visiting  http://brodsky-smith.com/538-apkt-acme-packet-inc.html, by calling
toll free 877-LEGAL-90.

 

SOURCE  Brodsky & Smith, LLC

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