Tag Archives: Levi Korsinsky

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SHAREHOLDER ALERT: The Law Firm of Levi & Korsinsky, LLP Announces an Investigation of the Board of MOD-PAC Corp. in Connection with a Going Private Transaction

NEW YORK–(BUSINESS WIRE)– Levi & Korsinsky is investigating the Board of Directors of MOD-PAC Corp. (“MOD-PAC” or the “Company”) (NasdaqGM: MPAC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Daniel G. Keane, the Company’s President and CEO, Chairman Kevin T. Keane, and their affiliates and associates.

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

Under the terms of the transaction, MOD-PAC shareholders—excluding the Buyer Group–will receive $8.40 in cash for each share of MOD-PAC Common Stock and Class B stock they own. The investigation concerns, among other things, whether the consideration to be paid to MOD-PAC shareholders is unfair, inadequate, and substantially below the fair or inherent value of MOD-PAC, and whether the President and Chairman are taking advantage of their positions as Board members and shareholders of an aggregate 41% of MOD-PAC voting power in order to purchase the Company at an unfair price. In particular, MOD-PAC has traded above the offer price as recently as March 13, 2013.

If you own common stock in MOD-PAC and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/modpac-mpac/.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, 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. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major securities lawsuits and have successfully recovered multimillion-dollar damages awards on behalf of investors. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 212-363-7171
www.zlk.com

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS:

The article SHAREHOLDER ALERT: The Law Firm of Levi & Korsinsky,

From: http://www.dailyfinance.com/2013/04/11/shareholder-alert-the-law-firm-of-levi-korsinsky-l/

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SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors with Losses on Their Investment in Family Dol

April 10, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors with Losses on Their Investment in Family Dollar Stores, Inc. of Class Action Lawsuit and the Deadline of April 22, 2013 to Seek a Lead Plaintiff Position

NEW YORK–(BUSINESS WIRE)– Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Western District of North Carolina on behalf of investors who purchased Family Dollar Stores, Inc. (“Family Dollar” or the “Company”) (NYS: FDO) stock between October 3, 2012 and January 2, 2013.

For more information, click here:http://zlk.9nl.com/family-dollar-fdo/.

The complaint alleges that during the Class Period, defendants issued materially false and misleading statements regarding Family Dollar‘s then-present sales demand, profitability and financial results for the first quarter of 2013 and for December 2012. As a result of defendants’ false statements, Family Dollar‘s stock traded at artificially inflated prices throughout the Class Period, reaching a high of $71.20 per share by November 30, 2012. It is further alleged that during this time Family Dollar‘s senior executives cashed in, selling their own Family Dollar stock at artificially inflated prices; during the Class Period the Company’s Chief Executive Officer sold more than $15.6 million worth of his Family Dollar stock.

On January 3, 2013, Family Dollar issued a press release disclosing that sales in the Company’s first quarter 2013 had significantly underperformed and that the Company was slashing 2013 financial guidance. Upon this news, Family Dollar stock fell $8.30 per share to close at $55.74 on January 3, 2012.

If you suffered a loss in Family Dollar you have until April 22, 2013to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (877) 363-5972, or visit http://zlk.9nl.com/family-dollar-fdo/.

CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street – 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com

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Source: FULL ARTICLE at DailyFinance

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SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors with Losses on Their Investment in Atlantic P

April 5, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors with Losses on Their Investment in Atlantic Power of Class Action Lawsuit and the Deadline of May 7, 2013 to Seek a Lead Plaintiff Position

NEW YORK–(BUSINESS WIRE)– Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the District of Massachusetts on behalf of investors who purchased Atlantic Power Corporation (“Atlantic Power” or the “Company”) (TSX:ATP) (NYS: AT) stock between July 23, 2010 through March 4, 2013.

For more information, click here:http://zlk.9nl.com/atlantic-power-at/.

The complaint alleges that during the class period, defendants issued materially false and misleading statements regarding the Company’s business practices and financial results. Specifically, the complaint alleges that: (a) cash flows the Company was using to pay a dividend payout were being funded by revenues derived from companies Atlantic Power was spending millions of dollars to acquire; (b) Atlantic Power‘s losses from operations were mounting, jeopardizing the Company’s ability to maintain the outsized dividend payment; and (c) defendants knew that many of the Company’s project contracts were scheduled to expire over the course of 2013, meaning cash flows from those projects would be substantially lower after those contracts ended, and unbeknownst to investors, Atlantic Power was not replacing those contracts-further jeopardizing its ability to maintain the outsized dividend payment that was supporting its stock price. As a result of defendants’ materially false and misleading statements, Atlantic Power common stock traded at artificially inflated prices throughout the class period.

If you suffered a loss in Atlantic Power you have until May 7, 2013to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (877) 363-5972, or visit http://zlk.9nl.com/atlantic-power-at/.

Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 866-367-6510
www.zlk.com

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS:

Source: FULL ARTICLE at DailyFinance

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UPCOMING DEADLINE: Levi & Korsinsky Notifies Investors with Losses on Their Investment in Cirrus Log

March 22, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

UPCOMING DEADLINE: Levi & Korsinsky Notifies Investors with Losses on Their Investment in Cirrus Logic, Inc. of Class Action Lawsuit and the Deadline of April 5, 2013 to Seek a Lead Plaintiff Position

NEW YORK–(BUSINESS WIRE)– Levi & Korsinsky announces that a class action lawsuit has commenced in the United States District Court for the Southern District of New York on behalf of investors who acquired Cirrus Logic, Inc. (“Cirrus” or “the Company”) (NAS: CRUS) stock between July 31, 2012 and October 31, 2012.

For more information, click here: http://zlk.9nl.com/cirrus-logic-crus/.

The complaint alleges that during the Class Period, defendants issued materially false and misleading statements regarding the Company’s financial performance and prospects. In particular, it is alleged that defendants knew but concealed the following during the Class Period: (a) that the Company’s dependence on Apple, Inc. for revenues was increasing rather than diminishing; (b) Cirrus’s sales growth was falling rather than increasing; (c) difficulties in Cirrus’s supply chain and at its vendors were increasing costs and diminishing the Company’s profit margins; (d) the launch of several models of Cirrus’s new LED lighting had been delayed; and (e) as a result of the aforementioned, defendants knew Cirrus’s increased fiscal 2013 guidance was not attainable.

On October 31, 2012, Cirrus issued significantly lower guidance than was expected for fiscal 2013. In response to the Company’s announcement, Cirrus stock fell from a close of $40.78 per share to $36.14 a share on November 1, 2012.

If you suffered a loss in Cirrus you have until April 5, 2013to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (877) 363-5972, or visit http://zlk.9nl.com/cirrus-logic-crus/.

Levi & Korsinsky, LLP
Joseph Levi, Esq.
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 866-367-6510
www.zlk.com

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS:

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SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors with Losses on Their Investment in Tellabs In

March 18, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors with Losses on Their Investment in Tellabs Inc. of Class Action Lawsuit and the Deadline of March 25, 2013 to Seek a Lead Plaintiff Position

NEW YORK–(BUSINESS WIRE)– Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Northern District of Illinois on behalf of investors who purchased Tellabs Inc. (“Tellabs” or the “Company”) (NasdaqGS: TLAB) stock between October 26, 2010 and April 16, 2011.

For more information, click here:http://zlk.9nl.com/tellabs-tlab/.

The Complaint alleges that throughout the Class Period the defendants made false and misleading statements and/or failed to disclose material adverse facts about Tellabs’ business, operations and prospects. Specifically, defendants misrepresented and/or failed to disclose that: (a) in the fourth quarter of 2010, the Company was changing its distribution arrangement with a customer; (b) this change to the distribution arrangement masked that Tellabs’ business was declining substantially faster than it represented to the public; (c) the Company’s North American business was slowing at a greater rate than represented; and (d) as a result of the above, the defendants’ positive statements about the Company’s business, operations and prospects lacked a reasonable basis.

If you suffered a loss in Tellabs you have until March 25, 2013to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (877) 363-5972, or visit http://zlk.9nl.com/tellabs-tlab/.

Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 866-367-6510
www.zlk.com

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS:

The article SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors with Losses on Their Investment in Tellabs Inc. of Class Action Lawsuit and the Deadline of March 25, 2013 to Seek a Lead Plaintiff Position originally appeared on Fool.com.

Try any of our Foolish newsletter services free for …read more
Source: FULL ARTICLE at DailyFinance

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Levi & Korsinsky Notifies Investors with Losses on Their Investment in Yum! Brands, Inc. of Class Ac

March 18, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

Levi & Korsinsky Notifies Investors with Losses on Their Investment in Yum! Brands, Inc. of Class Action Lawsuit and the Deadline of March 25, 2013 to Seek a Lead Plaintiff Position

NEW YORK–(BUSINESS WIRE)– Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Central District of California on behalf of investors who acquired Yum! Brands, Inc. (“Yum!” or “the Company”) (NYS: YUM) stock between October 9, 2012 and January 7, 2013.

For more information, click here: http://zlk.9nl.com/yum-brands/.

On November 29, 2012, the Company disclosed that its China Division same-store sales growth forecasts would not be met. Then on December 20, 2012 and December 21, 2012 news reports stated the Company knew, but concealed, that it was purchasing chickens containing excessive antibiotics and other illegal chemicals. In a January 7, 2013 disclosure the Company announced that it was lowering its full year 2012 guidance for same-stores sales for its China Division as a result of publicity surrounding a governmental review of the Company’s poultry supply.

If you suffered a loss in Yum! you have until March 25, 2013to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (877) 363-5972, or visit http://zlk.9nl.com/yum-brands/.

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. Attorney advertising. Prior results do not guarantee similar outcomes.

Levi & Korsinsky, LLP
Joseph Levi, Esq.
30 Broad Street – 24th Floor
New York, NY 10004
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 866-367-6510
www.zlk.com

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS:

The article Levi & Korsinsky Notifies Investors with Losses on Their Investment in Yum! Brands, Inc. of Class Action Lawsuit and the Deadline of March 25, 2013 to Seek a Lead Plaintiff Position originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, …read more
Source: FULL ARTICLE at DailyFinance

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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiducia

March 12, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of Gardner Denver Inc. in Connection with the Sale of the Company to Kohlberg Kravis Roberts & Co.

NEW YORK–(BUSINESS WIRE)– Levi & Korsinsky is investigating the Board of Directors of Gardner Denver Inc. (“Gardner Denver” or the “Company”) (NYS: GDI) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Kohlberg Kravis Roberts & Co. (“KKR“).

Click here to learn how to join the action: http://zlk.9nl.com/gardner-denver-gdi/, or call: 877-363-5972. There is no cost or obligation to you.

Under the terms of the transaction, Gardner Denver shareholders will receive $76 for each share of Gardner Denver common stock they own. The transaction has a total approximate value of $3.7 billion. The investigation concerns whether the Gardner Denver Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before entering into this transaction and whether KKR is underpaying for Gardner Denver shares, thus unlawfully harming Gardner Denver stockholders. In particular, at least one analyst set a price target for Gardner Denver stock at $85.00 per share.

If you own common stock in Gardner Denver and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or http://zlk.9nl.com/gardner-denver-gdi/.

Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 866-367-6510
www.zlk.com

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS:

The article SHAREHOLDER ALERT: Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of …read more
Source: FULL ARTICLE at DailyFinance

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SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors with Losses on Their Investment in ITT Educat

March 12, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors with Losses on Their Investment in ITT Educational Services, Inc. of Class Action Lawsuit and the Deadline of May 10, 2013 to Seek a Lead Plaintiff Position

NEW YORK–(BUSINESS WIRE)– Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of investors who purchased ITT Educational Services, Inc. (“ITT” or the “Company”) (NYS: ESI) stock between April 22, 2010 and February 25, 2013 (the “Class Period“).

For more information, click here:http://zlk.9nl.com/itt-educational-services-esi/.

The complaint alleges that during the Class Period, defendants issued materially false and misleading statements regarding the Company’s business and financial results, and that the Company failed to maintain proper internal controls to ensure that risk-sharing agreements were properly recorded.

On February 22, 2013, ITT filed its Form 10-K with the SEC for its fiscal year ended December 31, 2012, disclosing that the Company was under investigation by the SEC in relation to possible involvement in some private student-loan agreements. ITT also revealed that on February 8, 2013, it had received a subpoena from the SEC requesting documents related to a 2009 loan risk-sharing agreement and ITT‘s PEAKS Private Student Loan Program. Upon this news, ITT‘s stock fell $3.10 per share to close at $15.53 per share on February 25, 2013, a one-day decline of nearly 17% on volume of over 1.7 million shares.

If you suffered a loss in ITT you have until May 10, 2013to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (877) 363-5972, or visit http://zlk.9nl.com/itt-educational-services-esi/.

Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street – 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510<br …read more
Source: FULL ARTICLE at DailyFinance

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SHAREHOLDER ALERT: The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Bre

March 8, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

SHAREHOLDER ALERT: The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty by Maxwell Technologies, Inc.

NEW YORK–(BUSINESS WIRE)– Levi & Korsinsky is investigating potential claims on behalf of purchasers of Maxwell Technologies, Inc. (“Maxwell Technologies” or the “Company”) (NasdaqGS: MXWL) securities concerning possible violations of securities laws.

On March 7, 2013, the Company acknowledged that many of its financial statements—included those for the year ended December 31, 2011 and all unaudited quarterly reports on Form 10-Q in 2011 and 2012—should no longer be relied upon. Maxwell Technologies cited errors related to the timing of revenue recognition of sales to certain distributors.

Specifically, the auditing committee discovered “arrangements with certain distributors regarding the payment terms for sales to such distributors” which resulted in a possible lack of a fixed or determinable sales price at the time of the shipment to these distributors. As a result of the possible lack of determinable sales prices, revenue from such sales should not have been recognized at the time of shipment. The restatement of Maxwell Technologies finances may decrease revenues by more than $6 million for 2011 alone.

For more information, click here: http://zlk.9nl.com/maxwell-technologies-mxwl/ .

If you own Maxwell Technologies stock and wish to obtain additional information about the investigation and your legal rights, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/maxwell-technologies-mxwl/.

Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 866-367-6510
www.zlk.com

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS:

The article SHAREHOLDER ALERT: The …read more
Source: FULL ARTICLE at DailyFinance

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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary

March 6, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Newport Bancorp, Inc. in Connection with the Sale of the Company to SI Financial Group, Inc.

NEW YORK–(BUSINESS WIRE)– Levi & Korsinsky is investigating the Board of Directors of Newport Bancorp, Inc. (“Newport” or the “Company”) (NasdaqGM: NFSB) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to SI Financial Group, Inc. (“SIFI“) (NasdaqGM: SIFI).

Click here to learn how to join the action: http://zlk.9nl.com/newport-bancorp-nfsb/, or call: 877-363-5972. There is no cost or obligation to you.

Under the terms of the transaction, Newport Bancorp shareholders may elect to receive either $17.55 in cash or 1.5129 shares of SIFI for each share of Newport Bancorp stock they own. The investigation concerns whether the Newport Bancorp Board of Directors breached their fiduciary duties to Newport Bancorp stockholders by failing to adequately shop the Company before entering into this transaction and whether SIFI is underpaying for Newport Bancorp shares, thus unlawfully harming Newport Bancorp stockholders.

If you own common stock in Newport Bancorp and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or http://zlk.9nl.com/newport-bancorp-nfsb/.

Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 866-367-6510
www.zlk.com

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS:

The article SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Newport Bancorp, Inc. in Connection with the Sale of the Company to SI Financial Group, Inc. originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a <a target=_blank …read more
Source: FULL ARTICLE at DailyFinance

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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty

March 6, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by the Board of Asset Acceptance Capital Corp. in Connection with Sale of Company to Encore Capital Group Inc.

NEW YORK–(BUSINESS WIRE)– Levi & Korsinsky notifies investors of Asset Acceptance Capital Corp. (“Asset Acceptance” or the “Company”) (NasdaqGS: AACC) of claims of breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Encore Capital Group Inc. (NasdaqGS: ECPG).

Click here to learn how to join the action: http://zlk.9nl.com/asset-acceptance-capital-aacc/, or call: 877-363-5972. There is no cost or obligation to you.

Under the terms of the transaction, Asset Acceptance shareholders will receive $6.50 per share of Asset Acceptance stock they own; shareholders may elect to receive the consideration in cash, Encore stock, or a combination. The transaction has a total approximate value of $200 million. The investigation concerns whether the Asset Acceptance Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before entering into this transaction and whether Encore Capital Group Inc. is underpaying for Asset Acceptance shares, thus unlawfully harming Asset Acceptance stockholders. In particular, at least one analyst set a price target for Asset Acceptance stock at $8.00 per share.

If you own common stock in Asset Acceptance and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or http://zlk.9nl.com/asset-acceptance-capital-aacc/.

Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 866-367-6510
www.zlk.com

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS:

The article SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of …read more
Source: FULL ARTICLE at DailyFinance

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The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Du

March 4, 2013 Bartle Doo Leave a comment

By Business Wirevia The Motley Fool

Filed under: Investing

The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Sauer-Danfoss Inc. in Connection with a Going Private Transaction

NEW YORK–(BUSINESS WIRE)– Levi & Korsinsky is investigating the Board of Directors of Sauer-Danfoss Inc. (“Sauer-Danfoss” or the “Company”) (NYS: SHS) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Danfoss A/S (“Danfoss”).

Click here to learn how to join the action: http://zlk.9nl.com/sauer-danfoss/, or call: 877-363-5972. There is no cost or obligation to you.

Under the terms of the transaction Danfoss will acquire the shares of Sauer-Danfoss does not currently own for a value of $58.50 per share. In addition, Sauer-Danfoss declared a dividend for the first quarter of 2013 in which stockholders as of March 15, 2013 will receive a cash dividend of $0.35 per share, payable on March 29, 2013. The investigation concerns whether the Sauer-Danfoss Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before entering into this transaction and whether Danfoss is underpaying for Sauer-Danfoss shares, thus unlawfully harming Sauer-Danfoss stockholders.

If you own common stock in Sauer-Danfoss and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or http://zlk.9nl.com/sauer-danfoss/.

Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 866-367-6510
www.zlk.com

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS:

The article The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Sauer-Danfoss …read more
Source: FULL ARTICLE at DailyFinance

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SHAREHOLDER ALERT: The Law Firm of Levi & Korsinsky, LLP Announces an Investigation of the Board of

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors with Losses on Their Investment in Family Dol

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors with Losses on Their Investment in Atlantic P

UPCOMING DEADLINE: Levi & Korsinsky Notifies Investors with Losses on Their Investment in Cirrus Log

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors with Losses on Their Investment in Tellabs In

Levi & Korsinsky Notifies Investors with Losses on Their Investment in Yum! Brands, Inc. of Class Ac

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiducia

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors with Losses on Their Investment in ITT Educat

SHAREHOLDER ALERT: The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Bre

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty

The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Du

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