SHAREHOLDER ALERT: Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the ...
27 Setembro 2012 - 2:23PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
Physicians Formula Holdings, Inc. (“Physicians Formula” or the
“Company”) (NasdaqGS: FACE) for possible breaches of fiduciary duty
and other violations of state law in connection with the sale of
the Company to Markwins International Corporation.
Click here to learn more about the investigation:
http://zlk.9nl.com/physicians-formula-face, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Physicians Formula
shareholders will receive $4.90 for each share of Physicians
Formula stock they own. The transaction has a total approximate
value of $74.9 million. The investigation concerns whether the
Physicians Formula Board of Directors breached their fiduciary
duties to stockholders by failing to adequately shop the Company
before entering into this transaction and whether Markwins
International Corporation is underpaying for Physicians Formula
shares, thus unlawfully harming Physicians Formula
stockholders.
If you own common stock in Physicians Formula 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/physicians-formula-face.
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. The attorneys at Levi & Korsinsky have been appointed
by numerous courts throughout the country to serve as lead counsel
on behalf of shareholders in major securities lawsuits and have
successfully recovered multimillion-dollar damages awards on behalf
of investors. For more information, please feel free to contact any
of the attorneys listed below. Attorney advertising. Prior results
do not guarantee similar outcomes.
Physicians Formula Holdings, Inc. (MM) (NASDAQ:FACE)
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