NTS SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Announces the Investigation of the NTS, Inc. (NTS) Board of Directors Over the Pr...
24 Octobre 2013 - 9:21PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of NTS, Inc. (NTS)
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a
leading national securities firm headquartered in New York City, is
investigating the Board of Directors of NTS, Inc. (“NTS” or the
“Company”) (NTS) for potential breaches of fiduciary duties in
connection with their conduct related to the sale of the Company to
Tower Three Partners LLC in a cash deal valued at approximately $83
million. Under the terms of the proposed transaction, NTS
stockholders will receive $2.00 for each share of NTS common stock
they own.
Request more information now by clicking here:
www.faruqilaw.com/NTS. There is no cost or
obligation to you.
The investigation focuses on whether NTS’s Board of Directors
breached their fiduciary duties to the Company’s stockholders by
failing to conduct an adequate and fair sales process prior to
agreeing to this proposed transaction, whether and by how much this
proposed transaction undervalues the Company to the detriment of
NTS’s shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, throughout all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients.
If you own common stock in NTS, Inc. and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/NTS or contact Juan E.
Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or
by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
Faruqi & Faruqi, LLP369 Lexington Avenue, 10th FloorNew
York, NY 10017Attn: Juan E. Monteverde,
Esq.jmonteverde@faruqilaw.comToll Free: 877-247-4292Phone:
212-983-9330
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