NEW YORK, May 21, 2015 /PRNewswire/ -- Juan E.
Monteverde, a partner at Faruqi & Faruqi, LLP, a leading
national securities firm headquartered in New York City, is investigating the Board of
Directors of AOL, Inc. ("AOL" or the "Company") (NYSE: AOL) for
potential breaches of fiduciary duties in connection with the sale
of the Company to Verizon Communications, Inc. ("Verizon") (NYSE:
VZ) for approximately $4.4 billion.
The Company's stockholders will receive $50 in cash for each share of AOL common stock
they own. Analysts have set price targets as high as $67 per share of AOL, $17 higher than the valuation the deal gives to
the same shares.
Click here for more information: www.faruqilaw.com/AOL. There
is no cost or obligation to you.
The investigation focuses on whether AOL's Board of Directors
breached their fiduciary duties to the Company's stockholders by
failing to conduct a fair sales process and whether and by how much
this proposed transaction undervalues the Company to the detriment
of AOL's 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 all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm's clients. To keep track of the latest
securities litigation news, follow us on Twitter at
www.twitter.com/MergerActivity or on Facebook at
www.facebook.com/FaruqiLaw.
If you own common stock in AOL and wish to obtain additional
information and protect your investments free of charge, please
visit us at www.faruqilaw.com/AOL 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.
Contact:
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone: (212) 983-9330
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The law firm responsible for this advertisement is Faruqi &
Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or
predict a similar outcome with respect to any future matter.
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