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Levi & Korsinsky is investigating the Board of Directors of LifeLock Inc. (NYSE: LOCK) in connection with the sale of the Company to Symantec Corp. Under the terms of the transaction, LifeLock shareholders will receive $24 for each share of LifeLock stock they own.
The investigation concerns whether the Board of LifeLock breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Symantec Corp. is underpaying for LifeLock shares.
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