Tag Archives: PLLC

MOD-PAC Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Going Private Agreeme

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MOD-PAC Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Going Private Agreement

DALLAS–(BUSINESS WIRE)– Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor, LLP are investigating the sale of MOD-PAC Corp. (“MPAC“) (NasdaqGM: MPAC) to Kevin T. Keane, Chairman of the company, and Daniel G. Keane, President and Chief Executive Office, and their affiliates and associates for shareholders. Under the terms of the proposed going private deal, MPAC shareholders will only receive $8.40 in cash for each share of MPAC stock owned.

If you are an affected investor, and you want to learn more about the lawsuit or join the action, please contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, via email at WBriscoe@TheBriscoeLawFirm.com or Zach Groover at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at zach@powerstaylor.com. There is no cost or fee to you.

The MPAC sale investigation centers on whether MPAC‘s shareholders are receiving adequate compensation for their shares in the proposed going private deal, whether the transaction undervalues MPAC‘s stock, and whether MPAC‘s board attempted to obtain the highest share price for all shareholders prior to agreeing to the deal. According to shareholder rights attorney Willie Briscoe, “due to the relationship of the parties, the lack of a significant premium and other factors, we believe this transaction may undervalue MPAC‘s stock. Our proposed lawsuit will seek to obtain the highest share price for all shareholders.”

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

The Briscoe Law Firm, PLLC
Willie Briscoe, 214-239-4568
WBriscoe@TheBriscoeLawFirm.com
or
Powers Taylor, LLP
Zach Groover, 877-728-9607
zach@powerstaylor.com

KEYWORDS:   United States  North America  Texas

INDUSTRY KEYWORDS:

The article MOD-PAC Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Going Private Agreement originally appeared on Fool.com.

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From: http://www.dailyfinance.com/2013/04/11/mod-pac-shareholder-alert-briscoe-law-firm-and-pow/

Fisher Communications Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to

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Fisher Communications Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to Sinclair Broadcast Group

DALLAS–(BUSINESS WIRE)– Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor, LLP are investigating the sale of Fisher Communications, Inc. (“Fisher”) (NasdaqGS: FSCI) to Sinclair Broadcast Group, Inc. for shareholders. Under the terms of the proposed transaction valued at approximately $373 million, Fisher shareholders will only receive $41.00 for each share of Fisher stock owned.

If you are an affected investor, and you want to learn more about the lawsuit or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com, or Zach Groover at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at zach@powerstaylor.com. There is no cost or fee to you.

The Fisher sale investigation centers on whether Fisher’s shareholders are receiving adequate compensation for their shares in the buyout, whether the transaction undervalues Fisher’s stock, and whether Fisher’s board attempted to obtain the highest share price for all shareholders prior to agreeing to the deal. Shareholder rights attorney Patrick Powers stated that “due to the nature of the stock for stock transaction, the proposed sale price, the size of the deal and other factors, we believe this transaction may undervalue Fisher’s stock. Our proposed lawsuit will seek to ensure that shareholders are receiving the highest share price for their shares.”

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

The Briscoe Law Firm, PLLC
Willie Briscoe, 214-239-4568
WBriscoe@TheBriscoeLawFirm.com
or
Powers Taylor, LLP
Zach Groover, 877-728-9607
zach@powerstaylor.com

KEYWORDS:   United States  North America  Texas

INDUSTRY KEYWORDS:

The article Fisher Communications Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to Sinclair Broadcast Group originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We

From: http://www.dailyfinance.com/2013/04/11/fisher-communications-shareholder-alert-briscoe-la/

Lufkin Industries Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Acquisition

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Lufkin Industries Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Acquisition by GE

DALLAS–(BUSINESS WIRE)– Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor, LLP are investigating the going private proposal of Lufkin Industries (“Lufkin”) (NasdaqGS: LUFK) by GE for shareholders. Under the terms of the proposed transaction valued at approximately $3.3 billion, Lufkin shareholders will only receive $88.50 in cash for each share of LUFK stock owned.

If you are an affected investor, and you want to learn more about the lawsuit or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com, or Zach Groover at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at zach@powerstaylor.com. There is no cost or fee to you.

The Lufkin sale investigation centers on whether Lufkin shareholders are receiving adequate compensation for their shares in the buyout, whether the transaction undervalues Lufkin stock, and whether Lufkin’s board attempted to obtain the highest share price for all shareholders prior to agreeing to the deal. Shareholder rights attorney Willie Briscoe commented that “based upon the proposed sale price, the size of the deal, and other factors, we believe this transaction may undervalue Lufkin stock. Our proposed lawsuit will seek to ensure that shareholders are receiving the highest share price for their shares.”

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

The Briscoe Law Firm, PLLC
Willie Briscoe, 214-239-4568
WBriscoe@TheBriscoeLawFirm.com
or
Powers Taylor, LLP
Zach Groover, 877-728-9607
zach@powerstaylor.com

KEYWORDS:   United States  North America  Texas

INDUSTRY KEYWORDS:

The article Lufkin Industries Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Acquisition by GE 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 …read more

Source: FULL ARTICLE at DailyFinance

Great Lakes Dredge Shareholder Alert: Briscoe Law and Powers Taylor Investigate Possible Breaches of

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Great Lakes Dredge Shareholder Alert: Briscoe Law and Powers Taylor Investigate Possible Breaches of Fiduciary Duty by Officers and Directors

DALLAS–(BUSINESS WIRE)– Former United States Securities and Exchange Commission attorney Willie Briscoe, founder of The Briscoe Law Firm, PLLC, and the securities litigation firm of Powers Taylor, LLP announce that a federal class action lawsuit has been filed against Great Lakes Dredge & Dock Corporation (“Great Lakes” or “Company”) (NasdaqGS: GLDD). The firms are investigating additional legal claims against the officers and Board of Directors of Great Lakes during the period of August 7, 2012 to March 14, 2013 (the “Class Period”).

If you are an affected investor and you want to learn more about the lawsuit or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com, or Zachary Groover at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at zach@powerstaylor.com. There is no cost or fee to you.

In a recently filed federal class action complaint, Great Lakes and certain of its officers were charged with violating certain provisions of the Securities Exchange Act of 1934. Specifically, the complaint alleges that defendants misrepresented and/or failed to disclose that: (a) the Company realized that certain change orders in its demolition segment awaiting client acceptance were included as revenue resulting in an overstatement of revenue by millions of dollars in revenue; and (b) there was weakness in the Company’s internal controls to detect or prevent misstatements in its financial statements. According to the complaint, when the Company announced that when these facts came to light and the Company would be required to restate its 2nd and 3rd quarter revenues, the stock plummeted.

“Recent revelations about alleged improper business practices and procedures regarding key aspects of Great Lakesbusiness and other misleading financial statements have prompted the firms to investigate possible breaches of fiduciary duties and other violations of state law by Great Lakes‘ officers and directors. Based on our investigation, we are prepared to pursue litigation to preserve the company and the value of Great Lakes stock for all shareholders,” said shareholder rights attorney Willie Briscoe.

The Briscoe Law Firm, PLLC is a full service business litigation, commercial transaction, and public advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of …read more

Source: FULL ARTICLE at DailyFinance

Harvest Natural Shareholder Alert: Briscoe Law and Powers Taylor Investigate Possible Breaches of Fi

By Business Wirevia The Motley Fool

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Harvest Natural Shareholder Alert: Briscoe Law and Powers Taylor Investigate Possible Breaches of Fiduciary Duty by Officers and Directors

DALLAS–(BUSINESS WIRE)– Former United States Securities and Exchange Commission attorney Willie Briscoe, founder of The Briscoe Law Firm, PLLC, and the securities litigation firm of Powers Taylor, LLP announce an investigation into potential violations of federal securities laws by certain officers and directors of Harvest Natural Resources, Inc. (“Harvest Natural” or “Company”) (NYS: HNR) during the period of May 7, 2010 to March 18, 2013 (the “Class Period”).

If you are an affected investor and you want to learn more about the lawsuit or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 706-9314, or via email at WBriscoe@TheBriscoeLawFirm.com, or Zachary Groover at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at zach@powerstaylor.com. There is no cost or fee to you.

In a recently filed federal class action complaint, Harvest Natural and certain of its officers and directors were charged with violating certain provisions of the Securities Exchange Act of 1934. The complaint alleges that defendants misrepresented or failed to disclose that, among other things: (a) the Company incorrectly capitalized certain lease maintenance costs and certain internal selling, general and administrative costs; (b) the Company improperly presented certain cash flow items and caused certain long-lived assets to be impaired; (c) the Company was unable to sell its interests in Petrodelta S.A. to PT Pertamina (Persero); (d) the Company lacked adequate internal and financial controls; and (e) as a result, the Company’s statements were materially false and misleading at all relevant times. According to the complaint, when the true facts came to light, the share price dropped dramatically.

“Recent revelations about alleged improper business practices and procedures regarding key aspects of Harvest Natural business and other misleading financial statements have prompted the firms to investigate possible breaches of fiduciary duties and other violations of state law by Harvest Natural officers and directors. Based on our investigation, we are prepared to pursue litigation to preserve the company and the value of Harvest Natural stock for all shareholders,” said shareholder rights attorney Patrick Powers.

The Briscoe Law Firm, PLLC is a full service business litigation, commercial transaction, and public advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law …read more

Source: FULL ARTICLE at DailyFinance

Sterling Bancorp Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to Prov

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Sterling Bancorp Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to Provident New York

DALLAS–(BUSINESS WIRE)– Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor, LLP are investigating the sale of Sterling Bancorp (“Sterling”) (NYS: STL) to Provident New York Bancorp for shareholders. Under the terms of the proposed transaction valued at approximately $344 million, Sterling shareholders will only receive 1.2625 shares of Provident for each share of Sterling stock owned, valued at approximately $11.12 per share.

If you are an affected investor, and you want to learn more about the lawsuit or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com, or Zach Groover at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at zach@powerstaylor.com. There is no cost or fee to you.

The Sterling sale investigation centers on whether Sterling’s shareholders are receiving adequate compensation for their shares in the buyout, whether the transaction undervalues Sterling’s stock, and whether Sterling’s board attempted to obtain the highest share price for all shareholders prior to agreeing to the deal. Notably, according to Yahoo! Finance, at least one analyst valued the true inherent price of Sterling stock at $11.50 per share. Shareholder rights attorney Patrick Powers stated that “due to the nature of the stock for stock transaction, the proposed sale price, the size of the deal and other factors, we believe this transaction may undervalue Sterling’s stock. Our proposed lawsuit will seek to ensure that shareholders are receiving the highest share price for their shares.”

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

The Briscoe Law Firm, PLLC
Willie Briscoe, 214-239-4568
WBriscoe@TheBriscoeLawFirm.com
or
Powers Taylor, LLP
Zach Groover, 877-728-9607
zach@powerstaylor.com

KEYWORDS:   United States  North America  Texas

INDUSTRY KEYWORDS:

The article Sterling Bancorp …read more

Source: FULL ARTICLE at DailyFinance

Star Scientific Shareholder Alert: Briscoe Law and Powers Taylor Investigate Possible Breaches of Fi

By Business Wirevia The Motley Fool

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Star Scientific Shareholder Alert: Briscoe Law and Powers Taylor Investigate Possible Breaches of Fiduciary Duty by Officers and Directors

DALLAS–(BUSINESS WIRE)– Former United States Securities and Exchange Commission attorney Willie Briscoe, founder of The Briscoe Law Firm, PLLC, and the securities litigation firm of Powers Taylor, LLP announce that a federal class action lawsuit has been filed in Virginia against Star Scientific, Inc. (“Star Scientific” or “Company”) (NasdaqGM: STSI) and several of its officers and directors for acts taken during the period of October 31, 2011 to March 18, 2013 (the “Class Period”).

Based upon the allegations in the class action, the firms are investigating additional legal claims against the officers and Board of Directors of Star Scientific. If you are an affected Star Scientific shareholder and you want to learn more about the lawsuit or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 706-9314, or via email at WBriscoe@TheBriscoeLawFirm.com, or Zach Groover at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at zach@powerstaylor.com. There is no cost or fee to you.

In the complaint, the defendants are alleged to have violated provisions of the Securities Exchange Act of 1934. Notably, one of the complaints alleges that defendants misrepresented and/or failed to disclose that, among other things: (1) the Company engaged in potentially illegal transactions involving certain private placements and related party transactions since 2006; and (2) the Company received subpoenas from the US Attorney’s office investigating potential securities fraud involving transactions dating back to 2006. According to this complaint, when these facts were finally disclosed, Star Scientific‘s shares dropped substantially.

“The allegedly improper business practices conducted by Star Scientific have prompted our firms to investigate additional claims against the Company’s officers and directors, including potential breaches of fiduciary duties and other violations of state law. Based on our investigation, we are prepared to pursue litigation to preserve the company and the value of Star Scientific stock for all shareholders,” said shareholder rights attorney Patrick Powers.

The Briscoe Law Firm, PLLC is a full service business litigation, commercial transaction, and public advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

…read more

Source: FULL ARTICLE at DailyFinance

Navistar Shareholder Dispute: Briscoe Law Firm and Powers Taylor, LLP Announce Investigation of Poss

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Navistar Shareholder Dispute: Briscoe Law Firm and Powers Taylor, LLP Announce Investigation of Possible Breaches of Fiduciary Duty

DALLAS–(BUSINESS WIRE)– Former United States Securities and Exchange Commission attorney Willie Briscoe, founder of The Briscoe Law Firm, PLLC, and the securities litigation firm of Powers Taylor, LLP announce that a federal class action complaint was recently filed against Navistar International Corporation (“Navistar” or “Company”) (NYS: NAV) and certain of its officers and directors for potential securities violations between November 3, 2010 and August 1, 2012 (the “Class Period“).

Based upon these allegations, the firms are investigating potential legal claims against the officers and Board of Directors of Navistar International Corporation. If you are an affected investor and you want to learn more about the lawsuit or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com, or Zachary Groover at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at zach@powerstaylor.com. There is no cost or fee to you.

In the class action complaint, Navistar and certain of its officers and directors were charged with violating provisions of the Securities Exchange Act of 1934. Notably, the complaint alleges that defendants made numerous misrepresentations, including that (a) Navistar would be forced to revise its plan to meet the EPA guidelines in truck manufacturing, which would create an immense cost to the Company; (b) Navistar did not meet the 2010 EPA standards for their engines; (c) the Company’s disclosures in their SEC filings were incomplete and misleading, including statements about the costs of recalls and details of various debts. According to the complaint, when the truth came out regarding the Company’s true financial condition and future prospects, the Navistar share price fell over 69% from its Class Period high.

“Based upon the recent revelations about alleged improper business practices and procedures regarding key aspects of Navistar’s business, our firms are investigating possible breaches of fiduciary duties and other violations of state law by Navistar’s officers and directors.” said shareholder rights attorney Willie Briscoe.

The Briscoe Law Firm, PLLC is a full service business litigation, commercial transaction, and public advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder …read more

Source: FULL ARTICLE at DailyFinance

ITT Educational Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Announce Investigation of

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ITT Educational Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Announce Investigation of Possible Breaches of Fiduciary Duty

DALLAS–(BUSINESS WIRE)– Former United States Securities and Exchange Commission attorney Willie Briscoe, founder of The Briscoe Law Firm, PLLC, and the securities litigation firm of Powers Taylor, LLP announce that the firms are investigating legal claims against the officers and Board of Directors of ITT Educational Services, Inc. (“ITT Educational” or “Company”) (NYS: ESI) related to potential securities violations between April 22, 2010 and February 25, 2013 (the “Class Period”).

If you are an affected investor and you want to learn more about the lawsuit or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com, or Zachary Groover at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at zach@powerstaylor.com. There is no cost or fee to you.

In a recently filed federal class action complaint, ITT Educational and certain of its officers and directors were charged with violating certain provisions of the Securities Exchange Act of 1934. Specifically, the complaint alleges that defendants misrepresented and/or failed to disclose that: (a) ITT Educational failed to properly account for the 2009 loan risk-sharing agreement and its PEAKS Program; and (b) Proper internal controls were not maintained in order to confirm that risk-sharing agreements were properly recorded. Additionally, the complaint alleges that after the market found out about the above disclosures the stock dropped substantially.

“Recent revelations about alleged improper business practices and procedures regarding key aspects of ITT Educational business and other misleading financial statements have prompted the firms to investigate possible breaches of fiduciary duties and other violations of state law by ITT Educational officers and directors. Based on our investigation, we are prepared to pursue litigation to preserve the company and the value of ITT Educational stock for all shareholders,” said shareholder rights attorney Patrick Powers.

The Briscoe Law Firm, PLLC is a full service business litigation, commercial transaction, and public advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

<div …read more
Source: FULL ARTICLE at DailyFinance

Maxwell Technologies Shareholder Alert: Briscoe Law and Powers Taylor Investigate Possible Breaches

By Business Wirevia The Motley Fool

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Maxwell Technologies Shareholder Alert: Briscoe Law and Powers Taylor Investigate Possible Breaches of Fiduciary Duty by Officers and Directors

DALLAS–(BUSINESS WIRE)– Former United States Securities and Exchange Commission attorney Willie Briscoe, founder of The Briscoe Law Firm, PLLC, and the securities litigation firm of Powers Taylor, LLP announce that a federal class action lawsuit has been filed against Maxwell Technologies, Inc. (“Maxwell Technology” or “Company”) (NasdaqGS: MXWL). The firms are investigating additional legal claims against the officers and Board of Directors of Maxwell Technologies during the period of April 28, 2011 to March 7, 2013 (the “Class Period”).

If you are an affected investor and you want to learn more about the lawsuit or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com, or Zachary Groover at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at zach@powerstaylor.com. There is no cost or fee to you.

In a recently filed federal class action complaint, Maxwell Technologies and certain of its officers were charged with violating certain provisions of the Securities Exchange Act of 1934. Specifically, the complaint alleges that defendants’ misrepresented and/or failed to disclose that: (a) Maxwell had overstated its revenues and earnings in 2011 and 2012 in violation of Generally Accepted Accounting Principles; (b) Maxwell had reported revenues prior to the time the sales price was fixed and/or collection was reasonably assured; and (c) Maxwell’s internal accounting controls were deficient and permitted the premature recognition of revenue, leading to materially misstated financial results. According to the complaint, when these facts were finally disclosed, Maxwell Technologies‘ shares dropped substantially.

“Recent revelations about alleged improper business practices and procedures regarding key aspects of Maxwell Technologiesbusiness and other misleading financial statements have prompted the firms to investigate possible breaches of fiduciary duties and other violations of state law by Maxwell Technologies‘ officers and directors. Based on our investigation, we are prepared to pursue litigation to preserve the company and the value of Maxwell Technologies stock for all shareholders,” said shareholder rights attorney Patrick Powers.

The Briscoe Law Firm, PLLC is a full service business litigation, commercial transaction, and public advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder …read more
Source: FULL ARTICLE at DailyFinance

Spectrum Pharmaceuticals Shareholder Alert: Briscoe Law and Powers Taylor Investigate Possible Breac

By Business Wirevia The Motley Fool

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Spectrum Pharmaceuticals Shareholder Alert: Briscoe Law and Powers Taylor Investigate Possible Breaches of Fiduciary Duty by Officers and Directors

DALLAS–(BUSINESS WIRE)– Former United States Securities and Exchange Commission attorney Willie Briscoe, founder of The Briscoe Law Firm, PLLC, and the securities litigation firm of Powers Taylor, LLP announce that a federal class action lawsuit has been filed against Spectrum Pharmaceuticals, Inc. (“Spectrum Pharmaceuticals” or “Company”) (NasdaqGS: SPPI). The firms are investigating additional legal claims against the officers and Board of Directors of Spectrum Pharmaceuticals during the period of August 8, 2012 to March 12, 2013 (the “Class Period”).

If you are an affected investor and you want to learn more about the lawsuit or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com, or Zachary Groover at Powers Taylor, LLP, toll free (877) 728-9607, via email at zach@powerstaylor.com. There is no cost or fee to you.

In a recently filed federal class action complaint, Spectrum Pharmaceuticals and certain of its officers and directors were charged with violating certain provisions of the Securities Exchange Act of 1934. Specifically, the complaint alleges that among other things, defendants’ misrepresented and/or failed to disclose that: (a) Spectrum’s sales of FUSILEV would drastically decline once the generic folate analong, leucovorin, was made available; (b) despite advertised advantages of FUSILEV over leucovorin, it would not be enough to convince clinics and hospitals to continue to use the more expensive FUSILEV once leucovorin was available in larger quantities; and (c) based upon the above, the defendants lacked a reasonable basis for their positive statements about the Company and its revenue earnings during the class period. According to the complaint, when the positive statements were released, the stock rose to a high of $13.05, but once the true facts were discovered, the price of Spectrum Pharmaceuticals stock fell significantly and closed at $7.79.

Shareholder rights attorney Willie Briscoe said, “Recent revelations about alleged improper business practices and procedures regarding key aspects of Spectrum Pharmaceuticalsbusiness and other misleading financial statements have prompted the firms to investigate possible breaches of fiduciary duties and other violations of state law by Spectrum Pharmaceuticals‘ officers and directors. Based on our investigation, we are prepared to pursue litigation to preserve the company and the value of Spectrum Pharmaceuticals stock for all shareholders.”

The Briscoe Law Firm, PLLC is a full service business litigation, commercial transaction, and public advocacy firm with more than 20 years of experience in complex …read more
Source: FULL ARTICLE at DailyFinance

Obagi Medical Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to Valeant

By Business Wirevia The Motley Fool

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Obagi Medical Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to Valeant Pharmaceuticals

DALLAS–(BUSINESS WIRE)– Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor, LLP are investigating the sale of Obagi Medical Products, Inc. (“Obagi”) (NasdaqGS: OMPI) to Valeant Pharmaceuticals International, Inc. for shareholders. Under the terms of the proposed transaction valued at approximately $360 million, Obagi shareholders will only receive $19.75 in cash for each share of stock owned.

If you are an affected investor, and you want to learn more about the lawsuit or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com, or Zach Groover at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at zach@powerstaylor.com. There is no cost or fee to you.

The Obagi sale investigation centers on whether Obagi’s shareholders are receiving adequate compensation for their shares in the buyout, whether the transaction undervalues Obagi’s stock, and whether Obagi’s board attempted to obtain the highest share price for all shareholders prior to agreeing to the deal. Shareholder rights attorney Willie Briscoe commented that “based upon the proposed sale price, recent financial performance, and other factors, we believe this transaction may undervalue Obagi’s stock. Our proposed lawsuit will seek to ensure that shareholders are receiving the highest share price for their shares.”

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

The Briscoe Law Firm, PLLC
Willie Briscoe, 214-239-4568
WBriscoe@TheBriscoeLawFirm.com
or
Powers Taylor, LLP
Zach Groover, 877-728-9607
zach@powerstaylor.com

KEYWORDS:   United States  North America  Texas

INDUSTRY KEYWORDS:

The article Obagi Medical Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to Valeant Pharmaceuticals 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 …read more
Source: FULL ARTICLE at DailyFinance

Amarantus BioScience Obtains Cessation of Unauthorized Listing on Berlin-Bremen Stock Exchange

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Amarantus BioScience Obtains Cessation of Unauthorized Listing on Berlin-Bremen Stock Exchange

SUNNYVALE, Calif.–(BUSINESS WIRE)– Amarantus BioScience, Inc. (OTCQB: AMBS), a biotechnology company discovering and developing treatments and diagnostics for diseases associated with neurodegeneration and apoptosis centered around its patented therapeutic protein Mesencephalic Astrocyte Neurotrophic Factor (MANF), today announced that the Berlin-Bremen Stock Exchange (BBSE) has complied with the Company’s demand to cease the unauthorized listing of its common stock, and that as of today its shares are no longer traded on the BBSE.

“We are pleased that the Berlin-Bremen Exchange has complied with our demand to end the listing and trading of Amarantus shares,” said Gerald E. Commissiong, President and Chief Executive Officer of Amarantus BioScience “I want to thank the law firm of JS Barkats, PLLC in assisting us with the legal actions necessary to obtain a successful conclusion to this case.”

Sunny J. Barkats, Esq., founding partner of the law offices of JS Barkats stated, “Many small cap issuers are finding their stock listed on the Berlin-Bremen exchange despite no action on their part, and it could affect the company and its shareholders from an arbitrage standpoint. Thanks to M. Teresa Daley, the head of our litigation group, and her negotiation skills, our team of litigators has obtained the delisting of Amarantus from the Berlin exchange in an amicable fashion.”

The BBSE is one of the few exchanges in the world that allows listing and trading to occur without the consent of the listed company. The Company did not authorize or direct any BBSE broker to act as a market maker for the Company’s common stock. The Company believes that it is in the best interests of its shareholders to ensure that any listing of the Company’s common stock, whether in the U.S. or on a foreign exchange, is sanctioned by the Company so that management is in a position to ensure regulatory compliance regarding regular trading and other trading-related activities with all United States securities laws. Cessation of trading on the BBSE will not affect the Company’s common stock listing in the United States, where it trades on the OTCQB platform.

About Amarantus BioScience

Amarantus BioScience, Inc. is a development-stage biotechnology company founded in January 2008. The Company is focused on developing unique products and proprietary technologies for the potential treatment and/or diagnosis of Parkinson’s disease, Traumatic Brain Injury, Ischemic Heart Disease and other human diseases. The Company owns the intellectual property rights to Mesencephalic-Astrocyte-derived …read more
Source: FULL ARTICLE at DailyFinance

EDAC Technologies Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to GB

By Business Wirevia The Motley Fool

Filed under:

EDAC Technologies Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to GB Aero Engine

DALLAS–(BUSINESS WIRE)– Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor, LLP are investigating the sale of EDAC Technologies Corporation (“EDAC“) (NAS: EDAC) to GB Aero Engine LLC, an affiliate of Equity Group, LLC for shareholders. Under the terms of the proposed deal valued at approximately $104.1 million, EDAC shareholders will only receive $17.75 in cash for each share of stock owned.

If you are an affected investor, and you want to learn more about the lawsuit or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com, or Zach Groover at Powers Taylor, LLP, toll free (877) 728-9607, via email at zach@powerstaylor.com. There is no cost or fee to you.

The EDAC sale investigation centers on whether EDAC‘s shareholders are receiving adequate compensation for their shares in the buyout, whether the transaction undervalues EDAC‘s stock, and whether EDAC‘s board attempted to obtain the highest share price for all shareholders prior to agreeing to the deal. Shareholder rights attorney Willie Briscoe stated that “based upon the proposed sale price, the size of the deal and other factors, we believe this transaction may undervalue EDAC‘s stock. Our proposed lawsuit will seek to ensure that shareholders are receiving the highest share price for their shares.”

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

The Briscoe Law Firm, PLLC
Willie Briscoe, 214-239-4568
WBriscoe@TheBriscoeLawFirm.com
or
Powers Taylor, LLP
Zach Groover, 877-728-9607
zach@powerstaylor.com

KEYWORDS:   United States  North America  Texas

INDUSTRY KEYWORDS:

The article EDAC Technologies Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to GB Aero Engine originally appeared on Fool.com.

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

Palomar Medical Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to Cynos

By Business Wirevia The Motley Fool

Filed under:

Palomar Medical Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to Cynosure

DALLAS–(BUSINESS WIRE)– Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor, LLP are investigating the sale of Palomar Medical Technologies, Inc. (“Palomar”) (NasdaqGS: PMTI) to Cynosure, Inc. for shareholders. Under the terms of the proposed transaction valued at approximately $294 million, Palomar shareholders will only receive $13.65 in consideration: $6.825 in cash and $6.825 in Cynosure common stock (subject to adjustment), for each share of Palomar stock owned, well below at least one analyst’s estimated value of $14.50 per share.

If you are an affected investor, and you want to learn more about the lawsuit or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com, or Zach Groover at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at zach@powerstaylor.com. There is no cost or fee to you.

The Palomar sale investigation centers on whether Palomar’s shareholders are receiving adequate compensation for their shares in the buyout, whether the transaction undervalues Palomar’s stock, and whether Palomar’s board attempted to obtain the highest share price for all shareholders prior to agreeing to the deal. Notably, at least one analyst with Yahoo! Finance has estimated that the true inherent value of Palomar shares could be as high as $14.50 per share. Shareholder rights attorney Patrick Powers stated that “due to proposed sale price, analysts’ estimates, the size of the deal and other factors, we believe this transaction may undervalue Palomar’s stock. Our proposed lawsuit will seek to ensure that shareholders are receiving the highest share price for their shares.”

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

The Briscoe Law Firm, PLLC
Willie Briscoe, 214-239-4568
WBriscoe@TheBriscoeLawFirm.com
or
Powers Taylor, LLP
Zach Groover, 877-728-9607
zach@powerstaylor.com

KEYWORDS:   United States  North America  Texas

INDUSTRY KEYWORDS:

…read more
Source: FULL ARTICLE at DailyFinance

Incyte Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Announce Investigation of Possible

By Business Wirevia The Motley Fool

Filed under:

Incyte Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Announce Investigation of Possible Breaches of Fiduciary Duty

DALLAS–(BUSINESS WIRE)– Former United States Securities and Exchange Commission attorney Willie Briscoe, founder of The Briscoe Law Firm, PLLC, and the securities litigation firm of Powers Taylor, LLP announce that the firms are investigating legal claims against the officers and Board of Directors of Incyte Corporation (“Incyte” or “Company”) (NasdaqGS: INCY) related to potential securities violations between April 26, 2012 and August 1, 2012 (the “Class Period“).

If you are an affected investor and you want to learn more about the lawsuit or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com, or Zachary Groover at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at zach@powerstaylor.com. There is no cost or fee to you.

In a recently filed federal class action complaint, Incyte and certain of its officers and directors were charged with violating certain provisions of the Securities Exchange Act of 1934. Specifically, the complaint alleges that defendants misrepresented its business success and future business prospects by misrepresenting and/or failing to disclose material aspects about the sales and use of its drug Jakafi. Amongst other things the complaint alleges that the Company made material misstatements in a press release issued on April 26, 2012 and in statements made by the company throughout the Class Period. Further, when the Company announced a softer sales growth that originally projected for 2Q 2012 and disclosed the true facts regarding the use and sales of Jakafi, the shares of Incyte dropped dramatically.

“Recent revelations about alleged improper business practices and procedures regarding key aspects of Incyte’s business and other misleading financial statements have prompted the firms to investigate possible breaches of fiduciary duties and other violations of state law by Incyte’s officers and directors. Based on our investigation, we are prepared to pursue litigation to preserve the company and the value of Incyte stock for all shareholders,” said shareholder rights attorney Willie Briscoe.

The Briscoe Law Firm, PLLC is a full service business litigation, commercial transaction, and public advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and …read more
Source: FULL ARTICLE at DailyFinance

MakeMusic Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to Affiliate o

By Business Wirevia The Motley Fool

Filed under:

MakeMusic Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to Affiliate of LaunchEquity Partners

DALLAS–(BUSINESS WIRE)– Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor, LLP are investigating the sale of MakeMusic, Inc. (“MakeMusic”) (NAS: MMUS) to LaunchEquity Acquisition Partners, LLC Designated Series Education Partners (“LEAP“), an affiliate of LaunchEquity Partners, LLC for shareholders. Under the terms of the proposed transaction MakeMusic shareholders will receive $4.85 in cash for each share of stock owned. Notably, LEAP currently owns 27% of MakeMusic’s outstanding common stock.

If you are an affected investor, and you want to learn more about the lawsuit or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com or Zach Groover at Powers Taylor, LLP, toll free (877) 728-9607, via email at zach@powerstaylor.com. There is no cost or fee to you.

The MakeMusic sale investigation centers on whether MakeMusic’s shareholders are receiving adequate compensation for their shares in the buyout, whether the transaction undervalues MakeMusic’s stock, and whether MakeMusic’s board attempted to obtain the highest share price for all shareholders prior to agreeing to the deal. Shareholder rights attorney Patrick Powers stated that, “due to the proposed sale price and other factors, we believe this transaction may undervalue MakeMusic’s stock. Our proposed lawsuit will seek to obtain the highest share price for all shareholders.”

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

The Briscoe Law Firm, PLLC
Willie Briscoe, 214-239-4568
WBriscoe@TheBriscoeLawFirm.com
or
Powers Taylor, LLP
Zach Groover, 877-728-9607
zach@powerstaylor.com

KEYWORDS:   United States  North America  Texas

INDUSTRY KEYWORDS:

The article MakeMusic Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to Affiliate of LaunchEquity Partners originally appeared on Fool.com.

Try any of our Foolish newsletter services <a target=_blank …read more
Source: FULL ARTICLE at DailyFinance

Atlantic Power Shareholder Alert: Briscoe Law and Powers Taylor Investigate Possible Breaches of Fid

By Business Wirevia The Motley Fool

Filed under:

Atlantic Power Shareholder Alert: Briscoe Law and Powers Taylor Investigate Possible Breaches of Fiduciary Duty by Officers and Directors

DALLAS–(BUSINESS WIRE)– Former United States Securities and Exchange Commission attorney Willie Briscoe, founder of The Briscoe Law Firm, PLLC, and the securities litigation firm of Powers Taylor, LLP announce an investigation into potential violations of federal securities laws by certain officers and directors of Atlantic Power Corporation, Inc. (“Atlantic Power” or “Company”) (NYS: AT) during the period of July 23, 2010 to March 1, 2013 (the “Class Period”).

If you are an affected investor and you want to learn more about the lawsuit or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com, or Zachary Groover at Powers Taylor, LLP, toll free (877) 728-9607. There is no cost or fee to you.

The investigation centers around allegedly misleading statements regarding the Company’s dividend and the ability to pay that dividend. After the February 28, 2013 announcement of the 65% dividend payment cut the price of Atlantic Power‘s stock plummeted.

“Recent revelations about alleged improper business practices and procedures regarding key aspects of Atlantic Powerbusiness and other misleading financial statements have prompted the firms to investigate possible breaches of fiduciary duties and other violations of state law by Atlantic Power‘s officers and directors. Based on our investigation, we are prepared to pursue litigation to preserve the company and the value of Atlantic Power stock for all shareholders,” said shareholder rights attorney Patrick Powers.

The Briscoe Law Firm, PLLC is a full service business litigation, commercial transaction, and public advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

The Briscoe Law Firm, PLLC
Willie Briscoe, 214-239-4568
WBriscoe@TheBriscoeLawFirm.com
or
Powers Taylor, LLP
Zachary Groover, 877-728-9607

KEYWORDS:   United States  North America  Texas

INDUSTRY KEYWORDS:

The article Atlantic Power Shareholder Alert: Briscoe Law and Powers Taylor Investigate Possible Breaches of …read more
Source: FULL ARTICLE at DailyFinance

Impax Laboratories Shareholder Alert: Briscoe Law and Powers Taylor Investigate Possible Breaches of

By Business Wirevia The Motley Fool

Filed under:

Impax Laboratories Shareholder Alert: Briscoe Law and Powers Taylor Investigate Possible Breaches of Fiduciary Duty by Officers and Directors

DALLAS–(BUSINESS WIRE)– Former United States Securities and Exchange Commission attorney Willie Briscoe, founder of The Briscoe Law Firm, PLLC, and the securities litigation firm of Powers Taylor, LLP announce an investigation into potential violations of federal securities laws by certain officers and directors of Impax Laboratories, Inc. (“Impax” or “Company”) (NasdaqGS: IPXL).

If you are an affected investor and you want to learn more about the lawsuit or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com, or Zachary Groover at Powers Taylor, LLP, toll free (877) 728-9607. There is no cost or fee to you.

On March 4, 2013 Impax announce that a second Form 483 inspectional observation notice from the Food & Drug Administration noted twelve observations, three of which were repeat observations, that could negatively impact the Company’s new and pending applications with the FDA. Due to this news the stock price of Impax dropped significantly.

“Recent revelations about alleged improper business practices and procedures regarding key aspects of Impax’s business and other misleading financial statements have prompted the firms to investigate possible breaches of fiduciary duties and other violations of state law by Impax’s officers and directors. Based on our investigation, we are prepared to pursue litigation to preserve the company and the value of Impax stock for all shareholders,” said shareholder rights attorney Willie Briscoe.

The Briscoe Law Firm, PLLC is a full service business litigation, commercial transaction, and public advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

The Briscoe Law Firm, PLLC
Willie Briscoe, 214-239-4568
WBriscoe@TheBriscoeLawFirm.com
or
Powers Taylor, LLP
Zachary Groover, 877-728-9607

KEYWORDS:   United States  North America  Texas

INDUSTRY KEYWORDS:

The article Impax Laboratories Shareholder Alert: Briscoe Law and Powers Taylor Investigate Possible Breaches of Fiduciary Duty by …read more
Source: FULL ARTICLE at DailyFinance

Gardner Denver Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to Kohlbe

By Business Wirevia The Motley Fool

Filed under:

Gardner Denver Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to Kohlberg Kravis Roberts & Co.

DALLAS–(BUSINESS WIRE)– Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor, LLP are investigating the sale of Gardner Denver, Inc. (“Gardner Denver“) (NYS: GDI) to Kohlberg Kravis Roberts & Co. L.P. for shareholders. Under the terms of the proposed transaction valued at approximately $3.7 billion, Gardner Denver shareholders will only receive $76 per share in cash for each share of stock owned, well below at least one analyst’s estimated value of $85 per share.

If you are an affected investor, and you want to learn more about the lawsuit or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com, or Zach Groover at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at zach@powerstaylor.com. There is no cost or fee to you.

The Gardner Denver sale investigation centers on whether Gardner Denver‘s shareholders are receiving adequate compensation for their shares in the buyout, whether the transaction undervalues Gardner Denver‘s stock, and whether Gardner Denver‘s board attempted to obtain the highest share price for all shareholders prior to agreeing to the deal. Notably, at least one analyst with Yahoo! Finance has estimated that the true inherent value of Gardner Denver‘s shares could be as high as $85 per share. Shareholder rights attorney Patrick Powers stated that “due to proposed sale price, analysts’ estimates, the size of the deal and other factors, we believe this transaction may undervalue Gardner Denver‘s stock. Our proposed lawsuit will seek to ensure that shareholders are receiving the highest share price for their shares.”

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

The Briscoe Law Firm, PLLC
Willie Briscoe, 214-239-4568
WBriscoe@TheBriscoeLawFirm.com
or
Powers Taylor, LLP
Zach Groover, 877-728-9607<br …read more
Source: FULL ARTICLE at DailyFinance