San Diego, Aug 15, 2011 (Shareholders Foundation) -- The announcement by Motorola Mobility Holdings that it agreed to be acquired by Google Inc. prompted an investigation on behalf of investors of Motorola Mobility Holdings Inc (NYSE:MMI) concerning whether the offer to acquire Motorola Mobility and the buyout process are unfair to investors of NYSE:MMI and whether certain of its officers and directors or others breached their fiduciary duties owed investors in Motorola Mobility NYSE:MMI) shares.

The investigation by a law firm concerns whether the Motorola Mobility Holdings Inc, certain of its officers and directors, and/or others breached their fiduciary duties owed to Motorola Mobility (NYSE:MMI) investors in connection with the proposed acquisition.

On Monday, Aug. 15, 2011 Motorola Mobility Holdings, Inc. (NYSE: MMI) and Google Inc. (NASDAQ: GOOG) announced that they have entered into an agreement under which Google Inc. will acquire Motorola Mobility Holdings, Inc for $40.00 per share in cash, or a total of about $12.5 billion.

Motorola Mobility Holdings said the offer represents a premium of 63% to the closing price of Motorola Mobility shares on Friday, August 12, 2011.
Following the takeover news share of Motorola Mobility Holdings Inc (Public, NYSE:MMI) jumped from slightly above $25 on Friday August 12 to $38.67 on Monday.

However, at least one analyst set a price target for Motorola Mobility stock at $42.00 per share.

Therefore the investigation concerns whether the Motorola Mobility Board of Directors undertook an adequate and in particular breached their fiduciary duties to the Motorola Mobility Holdings Inc (NYSE:MMI) shareholder by failing to adequately shop the Company before entering into the transaction.

The investigation concerns also whether Google Inc. would underpay for NYSE:MMI shares, thus unlawfully harming Motorola Mobility (MMI) stockholders.

Motorola Mobility Holdings financial performance has been increasing recently. Motorola Mobility Holdings Inc was able to increase its annual Total Revenue from $11.05billion in 2009 to $11.46billion in 2010 and lower its Net Loss from $1.34billion in 09 to $86million in 2010.

Shares of Motorola Mobility Holdings Inc traded as early as January 19, 2010 at $36.34, leaving certain MMI stockholders with only a meager premium.

A potential securities class action lawsuit would seek to maximize the amount of money and information NYSE MMI shareholders would receive in a buyout, so the law firm.