SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation of Vitran Corp. Inc. & Its Board of Directors in Connection ...
2013年12月31日 - 1:27AM
ビジネスワイヤ(英語)
Levi & Korsinsky is investigating the Board of Directors of
Vitran Corporation Inc. (“Vitran” or “the Company”) (NasdaqGS:
VTNC) for possible breaches of fiduciary duty and other violations
of state law in connection with the sale of the Company to
TransForce Inc. (“TransForce”).
Click here to learn more about the action
http://zlk.9nl.com/vitran-vtnc, or call: 877-363-5972. There
is no cost or obligation to you.
Under the terms of transaction, TransForce has agreed to acquire
all of the outstanding common shares of Vitran not already owned by
TransForce for $6.50 in cash. The total transaction is valued at
approximately $136 million, including net debt. The investigation
concerns whether the Company’s 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
TransForce is underpaying for Vitran shares.
If you own Vitran common 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/vitran-vtnc.
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, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.Tel: 212-363-7500Toll Free: 877-363-5972Fax:
866-367-6510www.zlk.com
Vitran (NASDAQ:VTNC)
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