SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of You...
08 Janvier 2013 - 1:33AM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
Young Innovations, Inc. (“Young Innovations” or the “Company”)
(NasdaqGS: YDNT) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the Company
to an affiliate of Linden Capital Partners.
Click here to learn more about the investigation:
http://zlk.9nl.com/young-innovations-ydnt/, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Young Innovations
shareholders will receive $39.50 per share of Young Innovations
stock they own. The transaction has a total approximate value of
$314 million. The investigation concerns whether the Young
Innovations Board of Directors breached their fiduciary duties to
stockholders by failing to adequately shop the Company before
entering into this transaction and whether Linden Capital Partners
is underpaying for Young Innovations shares, thus unlawfully
harming Young Innovations stockholders. In particular, Young
Innovations stock traded above the offer price as recently as
September 27, 2012.
If you own common stock in Young Innovations 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://zlk.9nl.com/young-innovations-ydnt/.
Levi & Korsinsky is a national firm with offices in New York
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. Attorney advertising. Prior results do not guarantee
similar outcomes.
Young Innovations, Inc. (MM) (NASDAQ:YDNT)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
Young Innovations, Inc. (MM) (NASDAQ:YDNT)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024
Real-Time news about Young Innovations, Inc. (MM) (NASDAQ): 0 recent articles
Plus d'articles sur Levi & Korsinsky, LLP