The Law Office of Robbins Umeda LLP Announces an Investigation of the Acquisition of COMFORCE Corp. by an Affiliate of ABRY P...
02 Novembre 2010 - 8:00PM
Business Wire
Robbins Umeda LLP has commenced an investigation into possible
breaches of fiduciary duty and other violations of state law by
members of the Board of Directors ("Board") of COMFORCE Corporation
("COMFORCE" or the "Company") (NYSE Amex: CFS) in connection with
their efforts to sell COMFORCE to an affiliate of ABRY Partners,
LLC ("ABRY"). If the transaction is completed, COMFORCE
shareholders will receive $2.50 in cash for each share of COMFORCE
common stock they hold. The transaction is expected to close in the
fourth quarter of 2010.
Robbins Umeda LLP's investigation concerns whether the COMFORCE
Board undertook a fair process to obtain fair consideration for all
COMFORCE shareholders. Specifically, our investigation concerns
whether members of the Company's Board breached their fiduciary
duties to COMFORCE shareholders by failing to adequately shop the
Company before entering into the transaction with ABRY.
If you are a shareholder of COMFORCE, 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 info@robbinsumeda.com.
Robbins Umeda LLP is a securities litigation 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 go to http://www.robbinsumeda.com.
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