NEW YORK, Feb. 1, 2012
/PRNewswire/ -- Levi & Korsinsky is investigating the
Board of Directors of Thomas & Betts Corporation ("Thomas &
Betts" or the "Company") (NYSE: TNB) for possible breaches of
fiduciary duty and other violations of state law in connection with
the sale of the Company to ABB (NYSE: ABB). Under the terms
of the transaction, Thomas & Betts shareholders will receive
$72 per share of Thomas & Betts
stock they own. The transaction has a total approximate value
of $3.9 billion.
Click here to learn more about the investigation:
http://www.zlk.com/thomas-betts-tnb, or call: 877-363-5972.
The investigation concerns whether the Thomas & Betts Board of Directors breached their
fiduciary duties to Thomas & Betts stockholders by failing to
adequately shop the Company before entering into this transaction
and whether ABB is underpaying for Thomas & Betts shares, thus
unlawfully harming Thomas & Betts stockholders.
If you own common stock in Thomas & Betts and wish to obtain
additional information, please contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972, or visit http://www.zlk.com.
Levi & Korsinsky has expertise in prosecuting investor
securities litigation and extensive experience in actions involving
financial fraud and represents investors throughout the nation,
concentrating its practice in securities and shareholder
litigation. The attorneys at Levi & Korsinsky have been
appointed by numerous courts throughout the country to serve as
lead counsel on behalf of shareholders in major litigations
involving mergers and acquisitions. For more information,
please feel free to contact any of the attorneys listed below.
Attorney advertising. Prior results do not guarantee similar
outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 15th Floor
New York, NY
10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
SOURCE Levi & Korsinsky