NLCI Nobel Learning Communities, Inc. (MM)

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Nobel Learning Communities, Inc. (“Nobel Learning” or the “Company”) (NasdaqGM: NLCI) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Leeds Equity Partners in a deal valued at roughly $149 million. The proposed transaction offers Nobel Learning shareholders $11.75 per share in cash. According to Yahoo! Finance, at least one financial analyst has set a price target of $20 per share for Nobel Learning stock.

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Whether the Nobel Learning’s Board of Directors breached their fiduciary duties to Nobel Learning’s stockholders by failing to conduct an adequate and fair sales process to sell the Company prior to agreeing to this proposed transaction, whether the proposed transaction undervalues Nobel Learning’s shares and by how much this proposed transaction undervalues the Company to the detriment of Nobel Learning shareholders are the key focus of this investigation.

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, through 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 Nobel Learning and wish to obtain additional information, please visit us at www.faruqilaw.com/NLCI 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.

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Nobel Learning Communities, Inc. (MM) (NASDAQ:NLCI)
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Nobel Learning Communities, Inc. (MM) (NASDAQ:NLCI)
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De Juin 2023 à Juin 2024