NEW YORK, Dec. 28, 2015
/PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating
potential claims against the board of directors of American
Capital, Ltd. ("American Capital" or the "Company") (NASDAQ: ACAS),
concerning whether the board has breached its fiduciary duties to
shareholders.
On December 10, 2015, an online
report was published alleging that: (a) certain tax documents could
suggest American Capital's acquisition of Service Experts was a
fraudulent transaction; (b) American Capital's subsidiary paid an
unnamed employee $140 million over
the course of three years; and (c) the $140 million payment was
structured in a manner that hid it from American Capital
shareholders
Our investigation concerns whether the Company board of
directors has breached its fiduciary duties to shareholders,
grossly mismanaged the Company, and/or committed abuses of control
in connection with the foregoing.
If you own American Capital shares and wish to discuss this
matter with us, or have any questions concerning your rights and
interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212) 935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been
representing individual and institutional investors for many years,
serving as lead counsel in numerous cases in federal and state
courts. Please visit the Harwood Feffer LLP website
(http://www.hfesq.com) for more information about the
firm.
The law firm responsible for this advertisement is Harwood
Feffer LLP (www.hfesq.com). Prior results do not guarantee or
predict a similar outcome with respect to any future matter.
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SOURCE Harwood Feffer LLP