MERION STATION, Pa.,
Nov. 23, 2015 /PRNewswire/ --
Breeze-Eastern Corporation (NYSE-MKT: BZC)
The firm is investigating potential claims against the board of
directors of Breeze-Eastern Corporation (BZC) concerning the
proposed acquisition of the Company by TransDigm Group
Incorporated.
Under the terms of the offer, TransDigm would acquire
Breeze-Eastern in a transaction valued at approximately
$206 million. Pursuant to the deal,
Breeze-Eastern stockholders would receive $19.61 per share in cash. The offer price
constitutes a discount of 6.6% below Breeze-Eastern's closing price
the before announcement of the transaction.
If you would like to learn more about the investigation or you
wish to discuss this matter, please contact Marc S. Henzel (610) 660-8000, email at
Mhenzel@Henzellaw.com, or visit the firms website at
www.henzellaw.com.
Liberator Medical Holdings, Inc. (NYSE-MKT: LBMH)
The Law Office is investigating claims on behalf of investors in
Liberator Medical Holdings, Inc. ("Liberator Medical") (LBMH),
concerning the proposed acquisition of Liberator Medical by C.R.
Bard, Inc. (BCR).
The investigation concerns whether Liberator Medical's directors
are breaching their fiduciary duties by failing to adequately
maximize shareholder value. Under the terms of the proposed
transaction, Liberator Medical's shareholders will receive
$3.35 per share in cash for each
Liberator Medical share they own. However, the offer price is below
the 52-week high of $3.87 per share
and below an analyst price target of $8.00 per share.
If you would like to learn more about the investigation or you
wish to discuss this matter, please contact Marc S. Henzel (610) 660-8000, email at
Mhenzel@Henzellaw.com, or visit the firms website at
www.henzellaw.com.
Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT)
The Law Office s investigating the Board of Directors of
Starwood Hotels & Resorts Worldwide Inc. ("Starwood" or the
"Company") (HOT) for potential breaches of fiduciary duties in
connection with the sale of the Company to Marriott International,
Inc. for approximately $12.2
billion.
The Company's stockholders will only receive $2.00 in cash and 0.92 shares of Marriott
International, Inc. for each share of Company common stock they
own, or approximately $69.82 per
share. However, at least one analyst has set a price target for
Starwood stock at $96.00 per
share.
If you would like to learn more about the investigation or
you wish to discuss this matter, please contact Marc S. Henzel (610) 660-8000, email at
Mhenzel@Henzellaw.com, or visit the firms website at
www.henzellaw.com.
Checkpoint Systems, Inc. (NYSE: CKP)
The Law Office is investigating Checkpoint Systems, Inc.
concerning possible violations of federal securities laws by the
Company and/or certain of its officers and directors. On
November 3, 2015, Checkpoint filed a
Form 8-K with the SEC ("November 3
8-K"), including an Item 4.02(a), Non-Reliance on Previously Issued
Financial Statements or a Related Audit Report or Completed Interim
Review, in which it announced that it had discovered errors
attributable to the accounting for the quarterly income tax
provisions in its recently reported financial results.
Checkpoint's common stock price plunged in reaction to this
news, its closing price falling by $1.73 per share, or 22%, between November 3, 2015 and November 4, 2015.
If you would like to learn more about the investigation or you
wish to discuss this matter, please contact Marc S. Henzel (610) 660-8000, email at
Mhenzel@Henzellaw.com, or visit the firms website at
www.henzellaw.com.
Capstone Turbine Corp. (Nasdaq: CPST)
The Law Office is investigating Capstone Turbine Corp. (CPST)
concerning possible violations of federal securities laws by
the Company and/or certain of its officers and directors.
On October 1, 2015, Capstone
announced its preliminary second quarter financial results, stating
that its earnings for the quarter were "notably below management's
expectations and analysts' consensus estimates as continued
headwinds in the oil and gas market and a strong U.S. dollar
delayed orders and shipments in the quarter." The Company also
stated that it had "received no significant payments from its
Russian distributor, who until recently was one of [Capstone's]
largest customers." Then on November 5,
2015, after the market closed, Capstone announced its second
quarter results, including a net loss of $7.9 million or $0.02 per share for the quarter. On this news,
Capstone shares, which had traded at close to $50 per share in March
2014, closed at $0.20 per
share on November 6, 2015.
If you would like to learn more about the investigation or you
wish to discuss this matter, please contact Marc S. Henzel (610) 660-8000, email at
Mhenzel@Henzellaw.com, or visit the firms website at
www.henzellaw.com.
Flotek Industries, Inc. (NYSE: FTK)
The Law Office is investigating Flotek Industries, Inc. (NYSE:
FTK) concerning possible violations of federal securities laws by
the Company and/or certain of its officers and directors. According
to a complaint filed, defendants issued false and/or misleading
statements to investors and failed to disclose that: (i) Flotek's
proprietary software application had data and processing errors;
(ii) the reported production data from FracMax for three of the
wells in the Company's New York City Investor Presentation on
September 11, 2015 was inaccurate;
and (iii) an application from the Company claiming to be available
in the Apple iTunes Store does not work. As a result of defendants'
false and misleading statements and omissions during the Class
Period, Flotek securities traded at artificially inflated prices,
with its stock reaching over $23 per
share.
If you would like to learn more about the investigation or you
wish to discuss this matter, please contact Marc S. Henzel (610) 660-8000, email at
Mhenzel@Henzellaw.com, or visit the firms website at
www.henzellaw.com.
Marchex, Inc. (Nasdaq: MCHX)
The Law Office is investigating Marchex, Inc. (Nasdaq:
MCHX) concerning possible violations of federal securities laws by
the Company and/or certain of its officers and
directors. According to a complaint filed, defendants issued
materially false and misleading statements and/or failed to
disclose adverse information regarding the Company's business and
products, including that Allstate was seeking to switch its
business with Marchex to a fixed-fee basis from payments made for
each call, which, contrary to defendants' Class Period guidance,
would negatively impact Marchex's revenue. As a result of
defendants' false and misleading statements and omissions, Marchex
shares traded at artificially inflated prices during the Class
Period, reaching a high of over $12
per share.
If you would like to learn more about the investigation or you
wish to discuss this matter, please contact Marc S. Henzel (610) 660-8000, email at
Mhenzel@Henzellaw.com, or visit the firms website at
www.henzellaw.com.
Starz (Nasdaq: STRZA)
The Law Office is investigating Starz (Nasdaq: STRZA) concerning
possible violations of federal securities laws by the Company
and/or certain of its officers and directors. According to a
complaint filed, defendants issued materially false and misleading
statements and/or failed to disclose adverse information regarding
Starz's business and prospects, including, among other things, that
Starz's contract with Comcast Corporation was a result of illicit
business practices. As a result of defendants' false and misleading
statements and/or omissions, Starz's securities traded at
artificially inflated prices during the Class Period, with the
price of its Series A stock reaching $45.70 per share and the price of its Series B
stock reaching $44.86 per share.
If you would like to learn more about the investigation or you
wish to discuss this matter, please contact Marc S. Henzel (610) 660-8000, email at
Mhenzel@Henzellaw.com, or visit the firms website at
www.henzellaw.com.
The Law Offices of Marc S. Henzel
is a national shareholder litigation firm representing shareholders
& investors in various areas of securities laws including but
not limited to; class actions, derivatives, transactional
(buyouts/mergers/acquisitions) and FINRA & NYSE
Arbitrations.
Attorney advertising. © 2015 Law Offices of Marc S. Henzel. The law firm responsible for
this advertisement is Marc S.
Henzel. Prior results do not guarantee or predict a
similar outcome with respect to any future matter.
Contact:
Law Offices of Marc S. Henzel
Marc S. Henzel
Email: Mhenzel@Henzellaw.com
Phone 610-660-8000
Website: www.henzellaw.com.
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