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Radisys Corporation (RSYS)

(NasdaqGS: RSYS)

Summary

Faruqi & Faruqi, LLP Launches An Investigation Against Radisys Corporation (RSYS) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors

Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Radisys Corporation (“Radisys” or the “Company”) (NasdaqGS: RSYS) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders’ approval for an amendment of the Company’s 2007 Stock Plan.

Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on July 24, 2013, the Board of Directors recommends that Radisys’ shareholders vote to approve an amendment to the Company’s 2007 Stock Plan to increase the number of shares available for issuance thereunder from 5,450,000 to 6,200,000. The issuance of the additional shares could have a substantial dilutive effect on the shares of Radisys common stock.

If you own common stock in Radisys and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

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Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330

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Case Details

Date:

  • 08/15/2013

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