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Kendall Law Group Investigates Whether Xoom Corp. Buyout by Paypal, Inc. is in Best Interest of Xoom Shareholders

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DALLAS--(BUSINESS WIRE)--Kendall Law Group, led by former federal judge Joe Kendall, is investigating Xoom Corp. (NASDAQ: XOOM) and its Board of Directors on behalf of shareholders in connection with the proposed buyout by Paypal, Inc. According to the terms of the transaction, Xoom shareholders are anticipated to receive $25 cash for each share of Xoom common stock held. The Kendall Law Group is investigating to determine whether the transaction substantially undervalues Xoom because at least

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