The Law Firm of Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by the Board of Benihana Inc...
27 Juin 2012 - 12:31AM
Levi & Korsinsky notifies investors of Benihana Inc.
("Benihana" or the "Company") (Nasdaq:BNHN) 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 Angelo, Gordon & Co. A complaint was filed in
Delaware state court.
Click here to learn how to join the action:
http://zlk.9nl.com/benihana-bnhn, or call: 877-363-5972. There is
no cost or obligation to you.
Under the terms of the agreement, Benihana shareholders will
receive $16.30 per share of Benihana stock they own. The
transaction has an approximate value of $296 million. The claims
concern whether the Benihana Board of Directors breached their
fiduciary duties to Benihana stockholders by failing to adequately
shop the Company before entering into this transaction and whether
Angelo, Gordon & Co. is underpaying for Benihana shares, thus
unlawfully harming Benihana stockholders. In particular, at least
one analyst set a price target for Benihana stock at $17.30 per
share.
If you own common stock in Benihana 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 http://zlk.9nl.com/benihana-bnhn.
Levi & Korsinsky is a national firm with offices in New York
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. The attorneys at Levi & Korsinsky have been appointed
by numerous courts throughout the country to serve as lead counsel
on behalf of shareholders in major securities lawsuits and have
successfully recovered multimillion-dollar damages awards on behalf
of investors. 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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