The Rosen Law Firm, a global investor rights law firm, announces that it is investigating the Board of Directors of Quality Distribution, Inc. (NASDAQ:QLTY) for possible breaches of fiduciary duty and other violations of law by failing to adequately shop Quality Distribution to maximize shareholder value before agreeing to be acquired by Apax Partners.

If you would like to join the action, go to the firm’s website at http://rosenlegal.com/cases-604.html or contact Phillip Kim or Kevin Chan toll-free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or obligation to you.

Under the terms of the proposed transaction, shareholders will receive $16.00 in cash for each share of Quality Distribution common stock they own. The proposed transaction is valued at approximately $800 million. The investigation relates to whether the proposal is fair to the public shareholders of Quality Distribution and whether Quality Distribution’s Board breached its fiduciary duties in connection with the proposed sale.

If you currently own shares of Quality Distribution and wish to obtain additional information, please visit the firm’s website at http://rosenlegal.com/cases-604.html. You may also contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.

The Rosen Law Firm, P.A.Phillip Kim, Esq.Kevin Chan, Esq.Laurence Rosen, Esq.275 Madison Avenue, 34th FloorNew York, NY 10016Tel: 212-686-1060Toll Free: 1-866-767-3653Fax: 212-202-3827pkim@rosenlegal.comkchan@rosenlegal.comlrosen@rosenlegal.comwww.rosenlegal.com

(MM) (NASDAQ:QLTY)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more (MM) Charts.
(MM) (NASDAQ:QLTY)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more (MM) Charts.