Levi & Korsinsky ("L&K”) is investigating the Board of Directors of 3Com
Corporation
("3Com” or the "Company”)
(NasdaqGS: COMS) for
possible breaches of fiduciary duty and other violations of state law in
connection with their attempt to sell the Company to Hewlett-Packard
Company ("HP") (NYSE: HPQ). Under the terms of the transaction, 3Com
shareholders will receive $7.90 per share for each 3Com share they own
for a total transaction value of approximately $2.7 billion.
The investigation concerns whether the 3Com Board of Directors have
breached their fiduciary duties to stockholders by failing to adequately
shop the Company before entering into this transaction and whether HP is
underpaying for 3Com shares, thus unlawfully harming 3Com stockholders.
If you own common stock in 3Com and wish to obtain additional
information, please contact us at the number listed below or visit http://www.zlk.com/coms1.html.
Levi & Korsinsky has expertise in prosecuting investor securities
litigation and extensive experience in actions involving financial fraud
and represents investors throughout the nation, concentrating its
practice in securities and shareholder litigation.