Shareholder Alert: The Law Office of Abe Shainberg Announces an Investigation into the Possible Breaches of Fiduciary Duty by...
29 Septembre 2010 - 7:54PM
Business Wire
The Law Office of Abe Shainberg is investigating the Board of
Directors of NightHawk Radiology Holdings, Inc. (NasdaqGM: NHWK)
for possible breaches of fiduciary duty and other violations of
state law in connection with their attempt to sell the Company to
Virtual Radiologic Corporation. Under the terms of the transaction,
NightHawk shareholders will receive $6.50 in cash for each share of
NightHawk common stock they own for a total transaction value of
approximately $170 million.
The investigation concerns whether the NightHawk Board of
Directors breached their fiduciary duties to NightHawk stockholders
by failing to adequately shop the Company before entering into this
transaction and whether Virtual Radiologic is underpaying for
NightHawk shares.
If you own common stock in NightHawk and wish to obtain
additional information or learn how to join the action, please
contact Abe Shainberg, Esq. directly, via email at
as@ashainberglaw.com, by telephone at 212.425.7268, or visit
http://www.ashainberglaw.com/nighthawk-nhwk.html.
Mr. Shainberg has expertise in prosecuting investor securities
litigation, is a certified and registered arbitrator and mediator
involving financial matters, and represents investors in various
matters nationwide.
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