SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces It Has Filed a Class Action Lawsuit on Behalf of Blount International, Inc...
11 Abril 2016 - 3:04PM
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who held
shares of Blount International, Inc. (“Blount
International”) (NYSE:BLT) at the close of
business on March 4, 2016. You are hereby
notified that a securities class action lawsuit has been
commenced in the USDC for the District of Oregon, Portland
Division. To get more information go to:
http://www.zlk.com/pslra/blount-international-inc
or contact Joseph E. Levi, Esq. either via email
at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free:
(877) 363-5972. There is no cost or obligation to
you.
The complaint alleges that Blount International
violated securities laws by issuing materials in connection with
the sale of the Company to P2 Capital Partners LLC and American
Securities LLC which contained material misrepresentations and
omitted material information. In particular, the complaint alleges
that the Proxy Statement filed in relation to the merger fails to
disclose information about the Company’s financial projections as
they existed earlier in the process leading up to the Buyout, thus
misrepresenting and omitting information which Blount shareholders
are legally entitled to in order to make a sufficiently informed
vote regarding the proposed merger.
If you suffered a loss in Blount
International you have until June 10, 2016 to request that
the Court appoint you as lead plaintiff. Your ability to share in
any recovery doesn’t require that you serve as a lead
plaintiff.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, California, Connecticut, and Washington D.C. The
firm’s attorneys have extensive expertise and experience
representing investors in securities litigation, and have recovered
hundreds of millions of dollars for aggrieved shareholders.
Attorney advertising. Prior results do not guarantee similar
outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, 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
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