Management Led Buyout of MedQuist Causes Shareholder Claim Investigation by Goldfarb Branham Law Firm LLP
08 Février 2011 - 12:17AM
Business Wire
Goldfarb Branham LLP is investigating whether the Board of
Directors of MedQuist, Inc. (NASDAQ: MEDQ) violated shareholder
protection laws in connection with the proposed exchange offer by
CBay Systems Holdings Limited. If you are a MedQuist, Inc.
shareholder – or have knowledge of this transaction – you are
encouraged to contact attorney Hamilton Lindley at 877-583-2855 or
hlindley@goldfarbbranham.com.
“CBay -- which already owns 69.5 percent of MedQuist -- has
offered to exchange one share of CBay for each share of MedQuist it
does not already own,” securities lawyer Hamilton Lindley said.
“Our potential class action lawsuit seeks to ensure that the
MedQuist Board of Directors maximizes value for investors in this
management led buyout by the company’s controlling
shareholder.”
Goldfarb Branham’s lawyers have significant experience
representing individual and institutional investors in over 100
shareholder class action cases. A firm securities lawyer, Hamilton
Lindley, can be reached at hlindley@goldfarbbranham.com or
877-583-2855 to discuss the impact of this buyout on MedQuist
shareholders.
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