Faruqi & Faruqi, LLP Announces Investigation of American Medical Alert Corp.
23 Septiembre 2011 - 6:00PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of American Medical Alert Corp. (“American Medical” or
the “Company”) (NASDAQ: AMAC) for potential breaches of fiduciary
duties in connection with their conduct related to the sale of the
Company to Tunstall Healthcare Group Limited, a leading telehealth
and telecare provider, in an all-cash deal valued at about $82.3
million. Under the terms of the proposed transaction, American
Medical stockholders will receive $8.55 in cash per each share of
American Medical they own.
Request more information now by clicking here:
www.faruqilaw.com/AMAC
Whether the Board of Directors of American Medical breached
their fiduciary duties to the Company’s stockholders by failing to
conduct an adequate and fair sales process prior to agreeing to
this proposed transaction, whether the proposed transaction
undervalues the shares of American Medical and by how much this
proposed transaction undervalues the Company to the detriment of
American Medical shareholders are the key focus of this
investigation.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, throughout all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients.
If you own common stock in American Medical and wish to obtain
additional information, please visit us at www.faruqilaw.com/AMAC
or contact Juan E. Monteverde, Esq. either via e-mail at
jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or
(212) 983-9330.
Contact:
Faruqi & Faruqi, LLP369 Lexington Avenue, 10th FloorNew
York, NY 10017Attn: Juan E. Monteverde,
Esq.jmonteverde@faruqilaw.comToll Free: (877) 247-4292Phone: (212)
983-9330
Attorney Advertising. (C) 2011 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
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