SOURCE: Levi & Korsinsky, LLP

Levi & Korsinsky, LLP

July 02, 2014 18:54 ET

INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Investors of tw telecom inc. of Class Action Against Its Board of Directors in Connection With the Sale of the Company to Level 3 Communications Inc. -- TWTC

NEW YORK, NY--(Marketwired - Jul 2, 2014) - Levi & Korsinsky notifies investors of tw telecom inc. ("tw telecom" or "the Company") (NASDAQ: TWTC) 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 Level 3 Communications, Inc. ("Level 3") (NYSE: LVLT). A complaint was filed in Delaware state court.

Click here to learn more about the investigation:, or call: 877-363-5972. There is no cost or obligation to you.

Under the terms of the transaction, tw telecom shareholders will receive $10 in cash and 0.7 of a Level 3 share for each share of tw telecom stock they own, representing an approximate value of $40.86 per tw telecom share. The claims concern whether the tw telecom Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Level 3 is underpaying for tw telecom shares.

If you own tw telecom common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit

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