The Law Office of Abe Shainberg Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of Silverleaf...

The Law Office of Abe Shainberg is investigating the Board of Directors of Silverleaf Resorts, Inc. (NASDAQ: SVLF) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to SL Resort Holdings Inc., an affiliate of Cerberus Capital Management, L.P. Under the terms of the transaction, Silverleaf shareholders will receive $2.50 in cash for each share of Silverleaf common stock they own.

The investigation concerns whether the Silverleaf Board of Directors breached their fiduciary duties to Silverleaf stockholders by failing to adequately shop the Company before entering into this transaction and whether Cerberus is underpaying for Silverleaf shares, thus unlawfully harming Silverleaf stockholders. Accoording to Yahoo! Finance, at least one analyst has set a price target of $5.00 per share for Silverleaf stock and the book value of Silverleaf shares is $5.47 per share.

If you own common stock in Silverleaf and wish to obtain additional information, please contact Abe Shainberg, Esq. either via email at as@ashainberglaw.com or by telephone at (212) 425-7286, or visit http://www.ashainberglaw.com/silverleaf-resorts-svlf.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. Attorney advertising. Prior results do not guarantee similar outcomes.

Silverleaf Resorts, Inc. (MM) (NASDAQ:SVLF)
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