SOURCE: Levi & Korsinsky, LLP

Levi & Korsinsky, LLP

February 12, 2014 11:34 ET

INVESTOR ALERT: LEVI & KORSINSKY, LLP Notifies Investors of ACCELRYS INC. of Claims of Breaches of Fiduciary Duty Against Board of Directors of Company in Connection With the Sale of the Company to Dassault Systemes SA -- ACCL

NEW YORK, NY--(Marketwired - Feb 12, 2014) - Levi & Korsinsky notifies investors of Accelrys Inc. ("Accelrys" or "the Company") (NASDAQ: ACCL) of claims of breaches of fiduciary duty and other violations of state law against the board of directors of the Company in connection with the sale of the Company to Dassault Systemes SA. A complaint was filed in Delaware state court.

Click here to learn more about the action http://zlk.9nl.com/accelrys-accl, or call: 877-363-5972. There is no cost or obligation to you.

Under the terms of the transaction, Accelrys shareholders will receive $12.50 for each share of Accelrys common stock they own. The transaction has a total approximate value of $750 million. The claims concern whether the Accelrys Board breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Dassault Systemes is underpaying for Accelrys shares. In particular, at least one analyst set a price target for Accelrys stock at $13.00 per share.

If you own Accelrys common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/accelrys-accl.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information

  • Levi & Korsinsky, LLP
    Joseph Levi, Esq.
    Eduard Korsinsky, Esq.
    30 Broad Street - 24th Floor
    New York, NY 10004
    Tel: (212) 363-7500
    Toll Free: (877) 363-5972
    Fax: (866) 367-6510
    www.zlk.com