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Goldfarb Branham LLP Investigating AmeriCredit
Law Firm Press |
2010/07/27 09:15
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pGoldfarb Branham LLP is still pursuing potential shareholder claims against the Board of Directors of Texas-based AmeriCredit due to an allegedly unfair buyout by General Motors for $24.40 per share. The Dallas-Fort Worth firm plans to file a stockholder class action lawsuit against the Board of Directors that seeks to make the deal fair for AmeriCredit shareholders. Any AmeriCredit stockholders interested in joining the lawsuit as a plaintiff are encouraged to contact shareholder lawyer Hamilton Lindley at 877-583-2855 or a href=mailto:hlindley@goldfarbbranham.comhlindley@goldfarbbranham.com/a. /ppBecause at least one analyst has a target price for AmeriCredit of $26.00 per share, and the stock has traded as high as $26.49 per share within the last year, this deal appears unfair for ACF shareholders, said Hamilton Lindley, a shareholder lawyer at Goldfarb Branham. It is estimated that GM will increase its sales by 10-20 percent with this takeover, but AmeriCredit shareholders will be completely cashed out for a mere $24.40 per share. /ppGoldfarb Branham LLP firm has significant experience in Texas merger cases and provides nimble, creative, and effective counsel at all stages of litigation. If you own AmeriCredit stock or have information and wish to discuss this matter, contact attorney Hamilton Lindley at 877-583-2855 or a href=mailto:hlindley@goldfarbbranham.comhlindley@goldfarbbranham.com/a. All litigation related expenses are paid for by the firm. The firm only gets paid when it is successful in obtaining a benefit for the shareholders.
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Bull Lifshitz, LLP Announces Investigation
Law Firm Press |
2010/07/27 09:15
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| pBull amp; Lifshitz, LLP announces an investigation into possible breaches of fiduciary duty in connection with the proposed acquisition of ATC Technology Corporation by GENCO Distribution System, Inc. in a cash transaction valued at approximately $512.6 million. /ppUnder the terms of the transaction, approved by the board of directors of both companies, each outstanding share of ATC will be converted into the right to receive $25.00 per share in cash. Completion of the merger is subject to, among other things, approval by holders of a majority of ATC's outstanding common stock. /ppBull amp; Lifshitz, LLP's investigation is focused on whether the Board of Directors breached their fiduciary duties to ATC stockholders and whether the proposed deal provides adequate value to the Company's shareholders. /ppIf you are a holder of ATC stock and want to discuss your legal rights, you may e-mail or call Bull amp; Lifshitz, LLP who will, without obligation or cost to you, attempt to answer your questions. /ppIf you are a shareholder of ATC and would like more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (866) 313-6222 or by sending an e-mail including your contact information to: a href=mailto:counsel@nyclasslaw.comcounsel@nyclasslaw.com/a. All e-mail correspondence should make reference to ATC. /ppBull amp; Lifshitz, LLP is a New York City-based law firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions. For more information about the firm, please visit our website at a href=http://www.nyclasslaw.comwww.nyclasslaw.com/a. /p |
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N.J. gay-marriage case must begin in lower court
Law Firm News |
2010/07/27 01:13
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pThe push for gay marriage in New Jersey suffered a setback Monday when the state Supreme Court said six gay couples who claim New Jersey has denied them the rights granted to married heterosexual couples must argue their case through the lower courts.
The court was split, 3-3, in the decision; four affirmative votes are needed for a motion to be granted. /ppChief Justice Stuart Rabner and Justices Roberto Rivera-Soto and Helen Hoens said in an order that the issue cannot be decided without the development of an appropriate trial-like record, and denied the plaintiffs' motion without prejudice. /ppThey added that they reached no conclusion on the merits of the plaintiffs' allegations that the Civil Union Act violates their constitutional rights./p |
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Wis. justices uphold ex-Jesuit priest's conviction
Legal News |
2010/07/20 08:52
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pThe Wisconsin Supreme Court has upheld a sexual abuse conviction of a former Jesuit priest who claimed he was falsely accused./ppIn a 7-0 ruling on Tuesday, justices ruled that Donald McGuire's prosecution 36 years after he allegedly abused two teenage boys in the 1960s was fair./ppMcGuire, a former spiritual adviser to Mother Teresa and her religious order of nuns, argued the delay hurt his ability to defend himself. Justices disagreed./ppThe men came forward in 2003 to report they were abused by McGuire during trips to a cottage in Fontana, Wis. in 1967 and 1968. At the time, McGuire taught the boys at the Loyola Academy in Wilmette, Ill./ppMcGuire was convicted on five counts of indecent behavior with a child. He is serving a 25-year prison term on separate, federal charges.
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