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Ryan Maniskas, LLP Announces Investigation
Law Firm Press |
2010/07/29 09:13
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| pRyan amp; Maniskas, LLP is investigating potential claims against the board of directors of Health Grades, Inc.concerning possible breaches of fiduciary duty and other violations of law related to the Company's entry into an agreement to be acquired by Vestar Capital Partners V, L.P. in a transaction valued at approximately $294 million. /ppOur investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the transaction by Company's board of directors; in particular, whether the Company undertook a fair process to obtain fair consideration for all shareholders of Health Grades. For more information regarding our investigation, please contact Ryan amp; Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at a href=mailto:rmaniskas@rmclasslaw.comrmaniskas@rmclasslaw.com/a or visit: a href=http://www.rmclasslaw.com/cases/hgrdwww.rmclasslaw.com/cases/hgrd/a. /ppUnder the proposed agreement, Health Grades shareholders will receive $8.20 in cash for each Health Grades share of common stock they own. /ppIf you own shares of Health Grades and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit: a href=http://www.rmclasslaw.com/cases/hgrdwww.rmclasslaw.com/cases/hgrd/a. You may also email Mr. Maniskas at a href=mailto:rmaniskas@rmclasslaw.comrmaniskas@rmclasslaw.com/a. For more information about class action cases in general, please visit our website: a href=http://www.rmclasslaw.comwww.rmclasslaw.com/a. /p |
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Robbins Umeda LLP Announces Investigation of XenoPort, Inc.
Law Firm Press |
2010/07/29 09:12
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| pRobbins Umeda LLP has commenced an investigation into possible breaches of fiduciary duty and other violations of the law by certain officers and directors at XenoPort, Inc. XenoPort is a biopharmaceutical company that focuses on developing internally discovered product candidates that utilize the body's natural nutrient transport mechanisms to enhance the therapeutic benefits of drugs. The Company was founded in 1999 and is based in Santa Clara, California. /ppRobbins Umeda LLP's investigation concerns whether the Company's directors and officers caused the Company to make materially false and misleading representations regarding XenoPort's Phase 3 clinical program for an extended-release tablet and development stage drug called Horizant, also known as XP13512 (512). Specifically, Robbins Umeda LLP is investigating whether the Company's fiduciaries caused XenoPort to mislead investors about 512, a potential treatment for moderate-to-severe primary Restless Legs Syndrome, including misleading the public about 512's safety. /ppOn February 17, 2010, the Company publicly disclosed that the U.S. Food and Drug Administration had declined to approve 512, with concerns about laboratory results showing pancreatic cell tumors in rats as a result of the use of the drug. Upon this news, XenoPort's stock fell $12.93 per share to close at $6.67 per share on February 18, 2010 -- a one-day decline of 66%. /ppIf you are a shareholder of XenoPort, plan to continue to hold your shares, and would like more information about your rights as a shareholder, please contact attorney Gregory E. Del Gaizo at 800-350-6003 or by e-mail at a href=mailto:info@robbinsumeda.cominfo@robbinsumeda.com/a. /p |
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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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