INVESTOR ALERT: The Law Office of Jack Stuart Beige & Associates, P.C. Announces
Investigation of PokerTek, Inc. Buyout Proposal
SMITHTOWN, NY, May 2, 2014:
The Law Office of Jack Stuart Beige & Associates, P.C. announces that it is investigating
the Board of Directors of PokerTek, Inc.("PokerTek") (NASDAQ CM: PTEK) for possible
breaches of fiduciary duties and other violations of law in connection with PokerTek's
agreement to be acquired by Multimedia Games Holding Company, Inc. ("Multimedia")(NASDAQ
GS: MGAM), in a transaction valued at approximately $12.6 million.
Under the terms of the agreement, public shareholders of PokerTek will receive $1.35
per share in cash for each share of PokerTek they own.
The investigation concerns whether PokerTek's Board of Directors breached its fiduciary
duties to stockholders, whether the proposed consideration to be paid to PokerTek's
stockholders would be fair and adequate, and whether PokerTek is acting in its stockholders'
best interests.
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If you own PokerTek common stock, purchased your shares prior to April 30, 2014,
and wish to obtain additional information, please contact Joseph R. Beige, Esquire
either via email at Joe@Beigelaw.com or by telephone at (631) 231-7725.
Joseph R. Beige, Esquire has been an attorney for over 17 years and prosecutes securities
class actions, derivative actions, shareholder rights actions, and corporate governance
actions on behalf of stockholders.
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Attorney advertising. Prior results do not guarantee a similar outcome.
CONTACT:
Law Office of Jack Stuart Beige & Associates, P.C.
119 West Main Street
Smithtown, NY 11787
Joseph R. Beige
(631) 231-7725
Fax: (631) 231-7726
Joe@Beigelaw.com
www.BeigeLaw.com
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