RM LAW, P.C. is investigating potential claims against the board of directors of Web.com Group, Inc. (“Web.com” or the “Company”) (NASDAQ: WEB) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s efforts to sell the Company to an affiliate of Siris Capital Group, LLC in a transaction valued at approximately $2.0 billion.
If you own shares of Web.com and would like to learn more about this class action or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (844) 291-9299 or to sign up online, click here. You may also email Mr. Maniskas at firstname.lastname@example.org.
Under the terms of the agreement, shareholders of Web.com will receive $25.00 in cash for each share of Web.com common stock.
Our investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Web.com for not acting in the Company’s shareholders’ best interests in connection with the sale process.