Vertro, Inc. Has Agreed to be Acquired by Inuvo, Inc.

  • Do you own shares of Vertro, Inc. (Nasdaq: VTRO)?
  • Did you buy any shares before October 17, 2011?
  • Do you think that the proposed buyout price is too low?
  • Do you want to discuss your rights?

If the answer to these questions is "yes," please contact the deal lawyers at Rigrodsky & Long, P.A. ("R & L") today to schedule a FREE consultation. Just call us, or fill out our contact form so that we can call at your convenience. Your consultation will not create any obligation to use our services at any time.

Contact R & L today to be sure your best interests are being protected.

R & L is national law firm with decades of combined legal experience. R & L is investigating potential claims against the board of directors of Vertro, Inc. concerning possible breaches of fiduciary duty and other violations of law related to the Company’s entry into an agreement to be acquired by Inuvo, Inc. for 1.546 shares of Inuvo, Inc. common stock for every Vertro, Inc. share owned.

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Rigrodsky & Long, P.A. Investigates Vertro, Inc.'s Sale to Inuvo, Inc. for Shareholders

Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of Vertro, Inc. (“Vertro” or the “Company”) (Nasdaq: VTRO) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s entry into an agreement to be acquired by Inuvo, Inc. (“Inuvo”) in a transaction with an approximate value of approximately $19.5 million.

Under the proposed agreement, Vertro shareholders will receive 1.546 shares of Inuvo common stock for each share of Vertro common stock they own.

The investigation concerns whether Vertro’s board of directors adequately shopped the Company to obtain the best price possible for Vertro’s shareholders before entering into the agreement with Inuvo.  Moreover, according to Yahoo! Finance, at least one analyst has set a $3.00 per share stock price for Vertro stock.

If you own the common stock of Vertro and purchased your shares before October 17, 2011, 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 Seth D. Rigrodsky, Esquire or Noah R. Wortman, Case Development Director, of Rigrodsky & Long, P.A., 919 N. Market Street, Suite 980, Wilmington, Delaware 19801, by telephone at (888) 969-4242, or by e-mail to info@rigrodskylong.com.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly litigates securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.

Attorney advertising.  Prior results do not guarantee a similar outcome.

R & L, with offices in Delaware and New York, litigates securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.

Attorney advertising.  Prior results do not guarantee a similar outcome.

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