Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
Acquisition of FirstCity Financial Corporation by Varde Partners, Inc. May Not Be in FirstCity Financial Shareholders' Best Interests

SAN DIEGO and WACO, Texas, Dec. 21, 2012 /PRNewswire/ -- Shareholder rights attorneys at Robbins Umeda LLP are investigating possible breaches of fiduciary duty and other violations of the law by members of the board of directors of FirstCity Financial Corporation (NASDAQ: FCFC) in connection with their efforts to sell the company to Värde Partners, Inc.  

(Logo: http://photos.prnewswire.com/prnh/20111014/ROBBINSUMEDALOGO)

On December 21, 2012, FirstCity Financial and Värde Partners announced they had entered into a definitive merger agreement.  Under the terms of the agreement, certain funds managed by Värde will acquire FirstCity Financial through an all cash offer in which FirstCity Financial shareholders will receive $10 per share.  The transaction is expected to close in the first half of 2013. 

The Board of Directors' Actions May Prevent FirstCity Financial Shareholders from Receiving the Maximum Value for Their Stock

Robbins Umeda LLP's investigation focuses on whether the board of directors at FirstCity Financial is undertaking a fair process to obtain maximum value and adequately compensate its shareholders.  The $10 per share offer price is below the $10.83 share price the stock traded at on May 10, 2012.  Further, on November 14, 2012, FirstCity Financial announced strong financial results for the third quarter 2012, reporting a revenue increase of 73% over the same quarter in 2011.  Moreover, following completion of the merger, three of FirstCity Financial's Senior Vice Presidents will become executive officers.  Head of U.S. Acquisitions, Mark B. Horrell, Head of Global Acquisitions, Terry R. DeWitt, and Managing Director James C. Holmes, will become Chief Executive Officer, Chief Credit Officer, and Chief Operations Officer, respectively.  Given, these facts, the firm is examining whether the board of directors' decision to sell FirstCity Financial for $10 per share is fair to shareholders and maximizes the value for their shares. 

FirstCity Financial shareholders have the option to file a class action lawsuit against the company to secure the best possible price for shareholders and the disclosure of material information so shareholders can vote on the transaction in an informed manner. FirstCity Financial shareholders interested in information about their rights and potential remedies can contact Darnell R. Donahue at (800) 350-6003, ddonahue@robbinsumeda.com, or via the shareholder information form on the firm's website.

Robbins Umeda LLP is a nationally recognized leader in securities litigation and shareholder rights law.  The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested.  For more information, please go to http://www.robbinsumeda.com.

Press release link: 
http://www.robbinsumeda.com/shareholders-rights-blog/firstcity/

Attorney Advertising.Past results do not guarantee a similar outcome.  

Contact:
Robbins Umeda LLP
Darnell R. Donahue 
ddonahue@robbinsumeda.com  
(619) 525-3990 or Toll Free (800) 350-6003 
www.robbinsumeda.com

SOURCE Robbins Umeda LLP

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Cloud Developer Stories
The cloud is becoming the de-facto way for enterprises to leverage common infrastructure while innovating and one of the biggest obstacles facing public cloud computing is security. In his session at 15th Cloud Expo, Jeff Aliber, a global marketing executive at Verizon, discussed...
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revoluti...
Storage administrators find themselves walking a line between meeting employees’ demands to use public cloud storage services, and their organizations’ need to store information on-premises for security, performance, cost and compliance reasons. However, as file sharing protocols...
CodeFutures has announced Dan Lynn as its new CEO. Lynn assumes the role from Founder Cory Isaacson, who has joined RMS and will now serve as chairman of CodeFutures. Lynn brings more than 14 years of advanced technology and business success experience, and will help CodeFutures ...
In this scenarios approach Joe Thykattil, Technology Architect & Sales at TimeWarner / Navisite, presented examples that will allow business-savvy professionals to make informed decisions based on a sound business model. This model covered the technology options in detail as well...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE