Glancy Binkow & Goldberg LLP announces that it is investigating
potential claims against the Board of Directors of INX, Inc. ("INX” or
the "Company”) (NASDAQ: INXI) related to the proposed acquisition of the
Company by Presidio, Inc. The transaction is valued at approximately $85
million or $8.75 per share.
The investigation concerns whether the Board of Directors of INX
breached their fiduciary duties to stockholders by failing to adequately
shop the Company before agreeing to enter into the proposed transaction,
and whether the Company has disclosed all material information to
shareholders about the transaction. The Company has seen substantial
recent growth. Its share price has sky rocketed from $5.10 on April 15,
2011 to $8.43 on August 3, 2011.
If you are a shareholder of INX, if you have information or would like
to learn more about these claims, or if you wish to discuss these
matters or have any questions concerning this announcement or your
rights or interests with respect to these matters, please contact Louis
Boyarsky, Esquire, Glancy Binkow & Goldberg LLP, 1801 Avenue of the
Stars, Suite 311, Los Angeles, CA 90067, by telephone at (310) 201-9150
or Toll Free at (888) 773-9224 or by email to shareholders@glancylaw.com.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
