NEW YORK, Aug. 8, 2019 /PRNewswire/ -- WeissLaw LLP is
conducting an active investigation of possible breaches of
fiduciary duty and other violations of law by the Board of
Directors of Vitamin Shoppe, Inc. ("Vitamin Shoppe" or the
"Company") (NYSE: VSI) in connection with the proposed acquisition
of the Company by Liberty Tax, Inc. ("Liberty") (OTC: TAXA).
Under the terms of the acquisition agreement, Vitamin Shoppe
shareholders will receive $6.50 per
VSI share.
If you own VSI shares and wish to discuss this
investigation or have any questions concerning this notice or your
rights or interests, please contact:
Joshua Rubin,
Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY 10036
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Visit our website
http://www.weisslawllp.com/vitamin-shoppe-inc/
Or follow us on Twitter @MarketsAlert
WeissLaw is investigating whether Vitamin Shoppe's
Board acted to maximize shareholder value prior to entering
into the agreement. Notably, the per-share offer price is
$5.50 lower than the analyst target
price of $12.00, and less than half
of VSI's 52-week high of $13.95.
Given these facts, WeissLaw is concentrating its investigation
on whether the acquisition enhances shareholder value.
WeissLaw is also concerned whether the proposed acquisition
undervalues the Company, and whether all material information
related to the proposed acquisition is fully and fairly
disclosed.
WeissLaw LLP has litigated hundreds of stockholder class and
derivative actions for violations of corporate and fiduciary
duties. We have recovered over a billion dollars for
defrauded clients and obtained important corporate governance
relief in many of these cases. If you have information or
would like legal advice concerning possible corporate wrongdoing
(including insider trading, waste of corporate assets, accounting
fraud, or materially misleading information), consumer fraud
(including false advertising, defective products, or other
deceptive business practices), or anti-trust violations, please
email us at stockinfo@weisslawllp.com
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SOURCE WeissLaw LLP