WASHINGTON, Oct. 15, 2009 (GLOBE NEWSWIRE) -- Finkelstein Thompson LLP is investigating potential shareholder claims arising from the proposed acquisition of Starent Networks, Inc. ("Starent" or the "Company") (Nasdaq:STAR) by Cisco Systems, Inc. Under the terms of the proposed acquisition, Starent shareholders will receive $35 in cash for each share of common stock they own.
Starent enjoyed rapid growth in revenues and earnings in 2008 and continues to demonstrate exceptional promise going forward. The investigation is focused on potential unfairness of the proposed acquisition price and of the process by which the Company's Board of Directors is addressing the offer.
If you are interested in discussing your rights as a Starent shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our web site at www.finkelsteinthompson.com. Attorney advertising. Prior results do not guarantee similar outcomes.