Investment Business Weekly
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Powers Taylor, LLP
Terremark Worldwide, Inc. Shareholder Investigation by Briscoe Law Firm Concerning Acquisition by Verizon - TMRK
February 20th, 2011
The Briscoe Law Firm, PLLC, founded by a former state prosecutor and enforcement attorney for the United States Securities and Exchange Commission, and the securities litigation law firm of Powers Taylor, LLP are investigating potential legal claims against the Board of Directors of Terremark Worldwide, Inc. ("Terremark" or "TMRK") (NASDAQ: TMRK) related to the proposed buyout of Terremark by Verizon. The investigation relates to the fairness of the proposed transaction to Terremark's shareholders, possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Terremark for approving this transaction, and whether the company's Board of Directors acted in...
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Source: Investment Business Weekly (2011-02-20)
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