SHAREHOLDER ALERT: Brower Piven Announces Class Action Lawsuit in Connection With the Sale of Move, Inc. -- MOVE

STEVENSON, Md., Nov. 4, 2014 (GLOBE NEWSWIRE) -- The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the California Superior Court, Santa Clara County, on behalf of all common stockholders of Move, Inc. ("Move" or the "Company") MOVE opposing the proposed acquisition of Move by News Corporation ("News").

The complaint arises out of the announcement that Move had entered into a definitive merger agreement with News, pursuant to which Move shareholders will receive $21.00 in cash for each share of Move common stock they own.

The complaint seeks relief on behalf of the named plaintiff and all other similarly situated shareholders of Move and asserts whether the Company's Board of Directors breached their fiduciary duties by failing to maximize shareholder value and/or protect the interests of Move shareholders. In particular, according to Yahoo! Finance, at least one Wall Street analyst has issued a price target for Move stock at $23.00 per share.

If you currently own common stock of Move and would like to learn more about this lawsuit and your ability to participate as a plaintiff, without cost or obligation to you, please visit our website at http://www.browerpiven.com/currentinvestigations.html. You may also request more information by contacting Brower Piven either by email at hoffman@browerpiven.com or by telephone at (410) 415-6616.

Attorneys at Brower Piven have extensive experience in litigating securities and other class action cases and have been advocating for the rights of shareholders since the 1980s.