The Law Offices of Vincent Wong Announce an Investigation into Possible Breaches of Fiduciary Duty by the Board of Nobel Lear...
25 5월 2011 - 5:34AM
Business Wire
The Law Offices of Vincent Wong are investigating the Board of
Directors of Nobel Learning Communities Inc. (Nasdaq: NLCI) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to Leeds Equity
Partners. Under the terms of the proposed deal, Nobel Learning
shareholders will receive $11.75 in cash per share for a total
transaction value of approximately $125.2 million.
The investigation concerns whether the Nobel Learning Board of
Directors breached their fiduciary duties to Nobel Learning
stockholders by failing to adequately shop the Company before
entering into this transaction and whether Leeds Equity Partners is
underpaying for Nobel Learning shares. According to Thomson/First
Call, one analyst set a price target for Nobel Learning stock at
$20.00 per share.
If you own common stock in Nobel Learning and wish to obtain
additional information, please contact Vincent Wong, Esq. either
via email vw@wongesq.com, by telephone at 212.584.2740, or visit
http://www.wongesq.com/nobel-learning.html.
Vincent Wong, Esq. is an experienced attorney that has
represented investors in securities litigations involving financial
fraud and violations of shareholder rights. Attorney advertising.
Prior results do not guarantee similar outcomes.
Nobel Learning Communities, Inc. (MM) (NASDAQ:NLCI)
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Nobel Learning Communities, Inc. (MM) (NASDAQ:NLCI)
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