The Law Office of Joseph Klein is Investigating Possible Breaches of Fiduciary Duty by the Board of America Service Group, In...
04 Marzo 2011 - 12:02PM
Business Wire
The Law Office of Joseph Klein 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 proposed transaction, America
Service Group stockholders will receive $26 in cash per share of
America Service Group stock they own 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.
If you own common stock in America Service Group and wish to
obtain additional information, please contact Joseph Klein, Esq.
directly, via email at jk@jkleinlawfirm.com, by telephone at
718-947-0005, Toll Free: 877-STOK-180, or visit
http://www.jkleinlawfirm.com/america-service-asgr.html.
Joseph Klein, Esq. is an experienced attorney and has also
practiced as a Certified Public Accountant. Mr. Klein represents
investors and participates in securities litigations involving
financial fraud throughout the nation. Attorney advertising. Prior
results do not guarantee similar outcomes.
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