NEW YORK, Dec. 10, 2013 /PRNewswire/ -- Levi &
Korsinsky is investigating the Board of Directors of Trunkbow
International Holdings, Ltd. ("Trunkbow" or the "Company")
(NasdaqGM: TBOW) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the Company
to Trunkbow Merger Group Limited, a company owned by Dr.
Wanchun Hou, Chairman of the
Trunkbow Board of Directors, and Mr. Qiang Li, Chief Executive
Officer and Director.
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Click here to learn more about the investigation
http://9nl.me/trunkbow-international-holdings/, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of transaction, Trunkbow shareholders will
receive $1.46 in cash for each share
of Trunkbow stock they own. The investigation concerns whether
Wanchun and Qiang are taking advantage of their positions within
the Company to purchase Trunkbow at an unfair price. Trunkbow has a
reported book value of $2.70 per
share for the most recent quarter.
If you own Trunkbow common stock 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 visit
http://9nl.me/trunkbow-international-holdings/.
Levi & Korsinsky is a national firm with offices in
New York, New Jersey, Connecticut 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. 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
SOURCE Levi & Korsinsky, LLP