The Law Office of Abe Shainberg Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of America Se...
03 Marzo 2011 - 4:07PM
Business Wire
The Law Office of Abe Shainberg is investigating the Board of
Directors of America Service Group, Inc. (Nasdaq: ASGR) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the company to Valitas Health
Services, Inc. Under the terms of the transaction, America Service
Group stockholders will receive $26 in cash per share for a total
transaction value of approximately $250 million.
The investigation concerns whether the America Service Group
Board of Directors breached their fiduciary duties to America
Service Group stockholders by failing to adequately shop the
Company before entering into this transaction and whether Valitas
is underpaying for America Service Group shares, thus unlawfully
harming America Service Group stockholders. Rich Hallworth,
President and Chief Executive of American Service Group, will serve
as the Chief Executive of the combined company.
If you own common stock in America Service Group and wish to
obtain additional information, please contact Abe Shainberg, Esq.
either via email at as@ashainberglaw.com or by telephone at (212)
425-7286, or visit
http://www.ashainberglaw.com/american-service-group.html.
Mr. Shainberg has expertise in prosecuting investor securities
litigation, is a certified and registered arbitrator and mediator
involving financial matters, and represents investors in various
matters nationwide. Attorney advertising. Prior results do not
guarantee similar outcomes.
America Service (NASDAQ:ASGR)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
America Service (NASDAQ:ASGR)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024
Real-Time news about America Service Grp. Inc. (MM) (NASDAQ): 0 recent articles
Más de The Law Office of Abe Shainberg Artículos de Noticias