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XETA Xeta Technologies, Inc. (MM)

5.50
0.00 (0.00%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Xeta Technologies, Inc. (MM) NASDAQ:XETA NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 5.50 0 01:00:00

Buyout of XETA Technologies, Inc. Causes Shareholder Claim Investigation by Goldfarb Branham Law Firm LLP

14/02/2011 4:56pm

Business Wire


Xeta Technologies, Inc. (MM) (NASDAQ:XETA)
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Goldfarb Branham LLP is investigating whether the Board of Directors of XETA Technologies, Inc. (NASDAQ: XETA) violated shareholder protection laws in connection with the buyout offer by PAETEC Holding Corporation for $5.50 per share. If you are a XETA shareholder – or have knowledge of this transaction – you are encouraged to contact attorney Hamilton Lindley at 877-583-2855 or hlindley@goldfarbbranham.com.

“Although XETA is expecting to generate $100 million in revenue for 2011, this buyout values the company at $61 million,” securities lawyer Hamilton Lindley said. “Our potential class action lawsuit seeks to ensure that the XETA Board of Directors maximizes value for investors in this buyout.”

Goldfarb Branham’s lawyers have significant experience representing individual and institutional investors in over 100 shareholder class action cases. A firm securities lawyer, Hamilton Lindley, can be reached at hlindley@goldfarbbranham.com or 877-583-2855 to discuss the impact of this buyout on XETA shareholders.

1 Year Xeta Technologies, Inc. (MM) Chart

1 Year Xeta Technologies, Inc. (MM) Chart

1 Month Xeta Technologies, Inc. (MM) Chart

1 Month Xeta Technologies, Inc. (MM) Chart