NEW YORK, Oct. 21, 2013
/PRNewswire/ -- Levi & Korsinsky is investigating the
Board of Directors of NTS, Inc. ("NTS" or the "Company") (NYSE MKT:
NTS) for possible breaches of fiduciary duty and other violations
of state law in connection with the sale of the Company to
affiliates of Tower Three Partners LLC.
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Click here to learn more about the investigation
http://zlk.9nl.com/nts-nts/, or call: 877-363-5972. There is
no cost or obligation to you.
Under the terms of the transaction, NTS shareholders will
receive $2.00 for each common share
of NTS stock they own; the Company's CEO, Guy Nissenson, has entered into a separate
agreement wherein certain of his shares will be contributed to or
exchanged with an affiliate of Tower Three Partners LLC. The
investigation concerns whether the NTS Board of Directors breached
their fiduciary duties to stockholders by failing to adequately
shop the Company before agreeing to enter into this transaction,
and whether Tower Three Partners LLC is underpaying for NTS
shares.
If you own NTS common stock 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://zlk.9nl.com/nts-nts/.
Levi & Korsinsky is a national firm with offices in
New York, New Jersey, Connecticut and Washington D.C. The firm has extensive
expertise in prosecuting securities litigation involving financial
fraud, representing investors throughout the nation in securities
and shareholder lawsuits. 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 - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
SOURCE Levi & Korsinsky, LLP