Fifteen Dollar per Share Buyout Offer for Pep Boys Triggers Shareholder-Claim Investigation by Goldfarb LLP Securities Attorn...
February 03 2012 - 1:28PM
PR Newswire (US)
DALLAS, Feb. 3, 2012 /PRNewswire/ -- Securities lawyers
at Goldfarb LLP are investigating whether certain officers and
directors of Pep Boys, Inc. (NYSE: PBY) violated shareholder
protection laws by agreeing to a buyout offer for $15.00 per share to The Gores Group. Concerned
Pep Boys investors are encouraged to contact securities class
action attorney Hamilton Lindley at 877-583-2855 or
hlindley@goldfarbllp.com about their rights and remedies for this
potentially low buyout.
"Even before the buyout, analysts' price targets ranged between
$15 to $17 per share," said Hamilton
Lindley. "This buyout appears to be unfairly low and does not
disclose adequate information for stockholders to make an informed
decision. Our proposed shareholder lawsuit seeks to obtain a higher
value for shareholders than the current buyout offer."
Goldfarb LLP lawyers have significant experience representing
shareholders and whistleblowers in securities lawsuits nationwide.
Pep Boys stockholders – or anyone with knowledge about this
acquisition – should contact lawyer Hamilton Lindley at
hlindley@goldfarbllp.com or 877-583-2855 with questions or
concerns.
Hamilton Lindley
Goldfarb LLP
2501 N. Harwood, Ste. 1801
Dallas, TX 75201
(877) 583-2855 Toll Free Telephone
(214) 583-2233 Local Phone Number
(214) 583-2234 Fax Number
www.goldfarbllp.com
SOURCE Goldfarb LLP
Copyright 2012 PR Newswire
Prospect Capital Corpora... (NYSE:PBY)
Historical Stock Chart
From Apr 2024 to May 2024
Prospect Capital Corpora... (NYSE:PBY)
Historical Stock Chart
From May 2023 to May 2024