Radware Ltd. Investor Investigation concerning Takeover Rumors

Dec. 7, 2010 - PRLog -- After shares of Radware Ltd.  more than doubled this year due to two takeover rumors an investigation into possible breaches of fiduciary duty was announced.

If you purchased Radware Ltd.  shares prior to September 2010 and presently continue to hold those shares, and/or if you have any information relating the investigation, you have certain options and you should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether any insider took advantage of the takeover rumors and breached their fiduciary duties or other laws. Shares of Radware Ltd. increased by more than 20% from Friday’s trading to almost $40 per share after rumors emerged that Riverbed Technology, Inc was in negotiations to acquire the company. Israel based daily business newspaper Calcalist reported the bid is worth $47 a share, valuing Radware at about $895 million. RDWR shares now more than doubled from this years trading start at a price of almost $15 in January to now almost $40 per share in December. Israel based Calcalist reportedly said that offer is worth $2 more on a per-share basis than the bid Hewlett-Packard Co. (HPQ) has been rumored to have made for Radware. That rumor hit the market after another Israel newspaper , Globes, reported that Tel Aviv-based Radware is in talks to be sold to either HP or IBM for approximately $945 million sending RDWR shares from $27 to over $38.

Those who purchased Radware Ltd.  shares prior to September 2010 and presently continue to hold those shares, and/or those who have any information relating the investigation, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

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