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Merger News

Levi & Korsinsky Announces iPass Merger Investigation; IPAS Acquisition

Levi & Korsinsky

November 27, 2018

NEW YORK, November 27, 2018 – Levi & Korsinsky, LLP is investigating the fairness of the sale of iPass Inc. (OTCMKTS: IPAS) to Pareteum Corporation (NASDAQCM: TEUM). Under the terms of the transaction, iPass shareholders will receive 1.17 shares of Pareteum for each share of iPass stock they own. To learn more about the IPAS merger and your rights, go tohttps://www.zlk.com/mna/ipass-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The iPass merger investigation concerns whether the Board of iPass breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Pareteum Corporation is underpaying for iPass shares, thus unlawfully harming iPass shareholders.

Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com