The Briscoe Law Firm, PLLC & Cash Powers Taylor, LLP Announce Shareholder Investigation into the Acquisition of NBTY by The C...
16 Julio 2010 - 1:40PM
Business Wire
The Briscoe Law Firm, PLLC, founded by a former state prosecutor
and enforcement attorney for the United States Securities and
Exchange Commission, and the law firm of Cash Powers Taylor, LLP
are investigating potential legal claims against the Board of
Directors of NBTY, Inc. (“NBTY” or “Company”) (NYSE: NTY) related
to the proposed acquisition of NBTY by The Carlyle Group.
The agreement, which was announced on July 15, 2010, involves a
transaction valued at approximately $3.8 billion, which reportedly
offers shareholders of NBTY $55.00 per share. The investigation
relates to possible breaches of fiduciary duty and other violations
of state law by the Board of Directors of NBTY for approving this
transaction, whether the consideration to be received by NBTY
shareholders is fair, and whether NBTY’s board of Directors acted
in the shareholders’ best interests.
If you currently own shares of NBTY and would like additional
information regarding this investigation, or if you have
information regarding the allegations involving this transaction,
please contact Patrick Powers at Cash Powers Taylor, LLP, toll free
(877) 728-9607, via e-mail at patrick@cptlawfirm.com, or The
Briscoe Law Firm, PLLC toll free (877) 397-5991, or via email at
WBriscoe@TheBriscoeLawFirm.com. There is no cost or fee to you.
The Briscoe Law Firm 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.
Cash 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.
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