Accelrys, Inc. Shareholder Alert: Bernstein Liebhard LLP Announces Investigation of Acquisition by Dassault Systemes SA
January 30, 2014
Bernstein Liebhard LLP is investigating whether the Board of Directors of Accelrys, Inc. (“Accelrys” or the “Company”) (NASDAQ: ACCL) breached its fiduciary duty to its shareholders in agreeing to sell Accelrys to Dassault Systemes SA.
Under the terms of the agreement, Accelrys shareholders will receive $12.50 in cash for each share they own. The investigation is focused on the potential unfairness of the price to Accelrys shareholders and the process by which the Accelrys Board of Directors considered and approved the transaction.
Bernstein Liebhard LLP has pursued hundreds of securities, consumer and shareholder rights cases and recovered over $3 billion for its clients. It has been named to The National Law Journal’s “Plaintiffs’ Hot List” in each of the last eleven years.