The Law Firm of Levi & Korsinsky, LLP Announces Investigation of American Dental Partners, Inc.
08 Novembro 2011 - 10:06PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
American Dental Partners, Inc. (“American Dental” or the “Company”)
(NASDAQ: ADPI) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the Company
to funds affiliated with JLL Partners, Inc. Under the terms of the
transaction American Dental shareholders will receive $19.00 per
share of American Dental stock they own. The transaction has a
total approximate value of $398 million, including $81 million in
outstanding debt.
Click here to learn how to join the action:
http://www.zlk.com/american-dental-partners-adpi, or call:
877-363-5972.
The investigation concerns whether the American Dental Board of
Directors breached their fiduciary duties to American Dental
stockholders by failing to adequately shop the Company before
entering into this transaction and whether JLL Partners, Inc. is
underpaying for American Dental shares, thus unlawfully harming
American Dental stockholders.
If you own common stock in American Dental 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 http://www.zlk.com.
Levi & Korsinsky is a national firm with offices in New
York, California and Washington D.C. The firm has extensive
expertise in prosecuting investor securities litigation involving
financial fraud and represents investors throughout the nation,
concentrating its practice in securities and shareholder
litigation. 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 litigations
involving mergers and acquisitions. For more information, please
feel free to contact any of the attorneys listed below. Attorney
advertising. Prior results do not guarantee similar outcomes.
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