NEW YORK, May 20, 2014 /PRNewswire/ -- Levi &
Korsinsky is investigating the Board of Directors of Charm
Communications Inc. ("Charm Communications" or "the Company")
(NasdaqGM: CHRM) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the Company
to its Chairman, He Dang, and certain of his affiliates.
Click here to learn more about the investigation:
http://zlk.9nl.com/charm-communications-chrm, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Mr. Dang and his affiliates
would acquire all outstanding American Depositary Shares of Charm
Communications stock for $4.70 per
share, $2.35 in cash per Class A
ordinary share, and $2.35 per Class B
ordinary share. The investigation concerns whether the Charm
Communications Board of Directors breached their fiduciary duties
to stockholders by failing to adequately shop the Company before
agreeing to enter into this transaction and whether Mr. Dang and
affiliates are taking advantage of their position as majority
shareholders to purchase the Company at an unfair price.
If you own Charm Communications stock 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/charm-communications-chrm.
Levi & Korsinsky is a national firm with offices in
New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. For more information, please
feel free to contact any of the attorneys listed below. Attorney
advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
Logo -
http://photos.prnewswire.com/prnh/20120409/MM84375LOGO
SOURCE Levi & Korsinsky, LLP