Stull, Stull & Brody Announces Investigation on Behalf of Shareholders of Gander Mountain Company
21 Octubre 2009 - 5:43PM
Business Wire
Attorney Advertising. Notice is hereby given that Stull, Stull
& Brody has commenced an investigation on behalf of
shareholders of Gander Mountain Company (“Gander” or the “Company”)
(Nasdaq: GMTN) for possible breaches of fiduciary duty and other
violations of state law in connection with a 1-for-30,000 reverse
stock split in a going-private transaction approved by the
Company’s Board of Directors in which the Company’s two largest
shareholders will pay $5.15 per share to shareholders who own fewer
than 30,000 shares and shareholders of 30,000 shares or more will
retain their shares.
If you own common stock of Gander and wish to obtain additional
information about this matter, please contact Stull, Stull &
Brody at the toll-free number listed below. Stull, Stull &
Brody has litigated many class actions for violations of securities
laws and breaches of fiduciary duties on behalf of defrauded
investors over the past 40 years and has obtained court approval of
substantial settlements on numerous occasions.
The investigation concerns the price to be paid to Gander
shareholders and the process by which Gander’s Board of Directors
is addressing the transaction. Gander’s shares traded at $6.49 per
share as recently as June 29, 2009 and the Company has a book value
of $6.37 per share.
If you wish to discuss this matter or have any questions
concerning this notice or your rights or interests with respect to
this matter, please contact Aaron Brody, Esq. at Stull, Stull &
Brody by calling 1-800-337-4983 or 1-212-687-7230, or by email to
ssbny@aol.com or by writing to Stull, Stull & Brody, 6 East
45th Street, New York, NY 10017.
Attorney advertising. Prior results do not guarantee a similar
outcome.
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