LEVI & KORSINSKY, LLP Notifies Investors of NTS, INC. of Claims of Breaches of Fiduciary Duty by Board in Connection With Sal...
25 Octobre 2013 - 6:33PM
Marketwired
LEVI & KORSINSKY, LLP Notifies Investors of NTS, INC. of Claims
of Breaches of Fiduciary Duty by Board in Connection With Sale of
Company to Tower Three Partners LLC
NEW YORK, NY--(Marketwired - Oct 25, 2013) - Levi &
Korsinsky notifies investors of NTS, Inc. ("NTS" or the "Company")
(NYSEMKT: NTS) of claims of breaches of fiduciary duty and other
violations of state law against the board of directors of the
Company in connection with the sale of the Company to affiliates of
Tower Three Partners LLC. A complaint was filed in Nevada state
court.
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 claims concern
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
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