Law office of Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Telanetix, Inc.
("Telanetix" or the "Company") (OTC: TNIX) relating to the proposed
acquisition by Intermedia.
Under the terms of the transaction, Telanetix shareholders will receive
only $7.40 in cash for each Telanetix stock they own. The investigation
concerns possible breaches of fiduciary duty and other violations of
state law by the Board of Directors of Telanetix for not acting in the
Company's shareholders' best interests in connection with the sale
process to Intermedia. The focus of the investigation is whether the
Telanetix's Board of Directors breached their fiduciary duties by
failing to conduct an adequate and fair sales process prior to agreeing
to this proposed transaction.
If you own shares of Telanetix stock and wish to discuss the legal
ramifications of the proposed transaction, or have any questions, you
may e-mail or call the law office of Brodsky & Smith, LLC who will,
without obligation or cost to you, attempt to answer your questions. You
may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at
Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004,
by e-mail at firstname.lastname@example.org
by calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC
Jason L. Brodsky, Esquire