SHAREHOLDER ALERT: Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Net Element, Inc. in Connection with the Sale of the Company to Cazador Acquisition Corp. Ltd.

NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky is investigating the Board of Directors of Net Element, Inc. (“Net Element” or the “Company”) (PINK: NETE) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Cazador Acquisition Corp. Ltd. (Nasdaq: CAZAW).

Click here to learn more about the investigation: http://zlk.9nl.com/net-element-nete, or call: 877-363-5972. There is no cost or obligation to you.

Under the terms of the transaction, Net Element shareholders will receive 0.025 of a Cazador share for each Net Element share they own. The investigation concerns whether the Net Element Board of Directors breached their fiduciary duties to Net Element stockholders by failing to adequately shop the Company before entering into this transaction and whether Cazador Acquisition Corp. Ltd. is underpaying for Net Element shares, thus unlawfully harming Net Element stockholders.

If you own common stock in Net Element and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at [e-mail] or by telephone at [phone], toll-free: [phone], or visit http://zlk.9nl.com/net-element-nete.

Levi & Korsinsky is a national firm with offices in New York and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.