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WAYNE, Pa., Nov. 4, 2016 /PRNewswire/ -- Ryan & Maniskas, LLP is investigating potential claims against the board of directors of Inteliquent, Inc. ("Inteliquent" or the "Company") (NASDAQ: IQNT) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to an affiliate of GTCR LLC in a transaction valued at approximately $800 million.
If you own shares of Inteliquent and would like to learn more about this class action or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/iqnt. You may also email Mr. Maniskas at rmaniskas@rmclasslaw.com.
Under the terms of the agreement, shareholders of Inteliquent will receive $23.00 in cash for each share of Inteliquent common stock.
Our investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Inteliquent or not acting in the Company's shareholders' best interests in connection with the sale process.
Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan & Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide. To learn more about the class action process, please visit: www.rmclasslaw.com.
CONTACT: Ryan & Maniskas, LLP
Richard A. Maniskas, Esquire
995 Old Eagle School Rd., Suite 311
Wayne, PA 19087
877-316-3218
www.rmclasslaw.com/cases/iqnt
rmaniskas@rmclasslaw.com
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/ryan--maniskas-llp-announces-investigation-of-inteliquent-inc-300357231.html
SOURCE Ryan & Maniskas, LLP
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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