InPlay - NTS, INC. INVESTOR ALERT: Levi & Korsinsky, LLP Investigates Possible Breaches of Fiduciary Duty by Board of NTS, In...
22 Octobre 2013 - 6:44PM
Business Wire
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.
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, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.30 Broad Street - 24th FloorNew York, NY 10004Tel: (212)
363-7500Toll Free: (877) 363-5972Fax: (212) 363-7171www.zlk.com
Levi & Korsinsky, LLPJoseph E. Levi, Esq.(212) 363-7500,
toll-free: (877) 363-5972jlevi@zlk.com
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