ATTENTION SHAREHOLDERS: AV Homes, Inc (AVHI) Under Investigation by The Young Law Firm
2013年7月16日 - 1:10AM
ビジネスワイヤ（英語）
The Young Law Firm is investigating possible claims on behalf of
investors in AV Homes, Inc, (“AV Homes” or the “Company”)
concerning possible violations of state and federal law. The
investigation concerns the Company’s recent announcement that
private investment firm TPG is to invest $135 million in the
Company and will acquire a 41.9% ownership interest in AV Homes on
an as-converted basis following the closing of the transaction.
AV Homes is engaged in homebuilding, community development and
land sales in Florida and Arizona. AV Homes common shares trade on
NASDAQ under the symbol AVHI.
The investigation by The Young Law Firm relates to TPG’s
agreement to acquire 2,557,474 shares of AV Homes’ common stock and
665,754.3 shares of a newly authorized series of the AV Homes’
preferred stock, for an aggregate investment in AV Homes by TPG of
$135 million. The preferred stock will be convertible into shares
of common stock following the receipt of the requisite approval of
AV Homes’ stockholders at an initial conversion ratio equal to ten
shares of common stock per share of preferred stock, subject to
adjustment. The Young Law Firm is investigating the price paid by
TPG and further investigating related agreements between TPG and AV
Homes including a “Management Services Agreement” pursuant to
which, on June 20, 2013 the Company paid an affiliate of TPG a
transaction fee of $4.7 million.
If you purchased AV Homes stock, have information about the
Company’s financial statements, or would like to learn more,
please contact:
Henry Young Esq.The Young Law FirmToll Free:
(888) 452-7252Email: contact@theyounglf.comor
visit:
www.theyounglf.com/av-homes-class-action-lawsuit-avhi/
Henry Young Esq., the Firm’s founder, has over 10 years of
experience litigating complex shareholder class action lawsuits,
including cases resulting in the recovery of millions of dollars
for shareholders. The Firm routinely works with and refers cases to
other leading law firms around the country to enforce shareholder
rights. For more information about the Firm and class action cases
in general, please visit our website: www.theyounglf.com.
This press release may be considered attorney advertising. Past
results do not guarantee future performance.
Achari Ventures Holdings... (NASDAQ:AVHI)
過去 株価チャート
から 6 2024 まで 7 2024
Achari Ventures Holdings... (NASDAQ:AVHI)
過去 株価チャート
から 7 2023 まで 7 2024
