Juan
E. Monteverde, a partner at Faruqi
& Faruqi, LLP, a leading national securities firm headquartered
in New York City, is examining claims against the Board of Directors of
Accelrys Inc. (“Accelrys” or the “Company”) (NasdaqGS:ACCL) for
potential breaches of fiduciary duties in connection with their conduct
related to the sale of the Company to Dassault Systemes SA in a cash
deal valued at approximately $750 million. Under the terms of the
proposed transaction, Accelrys’ stockholders will receive $12.50 for
each share of Accelrys common stock they own. A complaint was filed in
Delaware state court.
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The complaint focuses on whether Accelrys’ Board of Directors breached
their fiduciary duties to the Company’s stockholders by failing to
conduct an adequate and fair sales process prior to agreeing to this
proposed transaction, whether and by how much this proposed transaction
undervalues the Company to the detriment of Accelrys’ shareholders.
Faruqi
& Faruqi, LLP is a national law firm which represents investors
and individuals in class action litigation. The firm is focused on
providing exemplary legal services in complex litigation in the areas of
securities, shareholder, antitrust and consumer litigation, throughout
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If you own common stock in Accelrys and wish to obtain additional
information and protect your investments free of charge, please visit us
at www.faruqilaw.com/ACCL
or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com
or by telephone at (877) 247-4292 or (212) 983-9330.
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Copyright Business Wire 2014