LEVI & KORSINSKY, LLP Notifies Investors of TRUNKBOW INTERNATIONAL HOLDINGS, LTD. of Claims of Breaches of Fiduciary Duty in ...
January 08 2014 - 10:59AM
Marketwired
LEVI & KORSINSKY, LLP Notifies Investors of TRUNKBOW
INTERNATIONAL HOLDINGS, LTD. of Claims of Breaches of Fiduciary
Duty in Connection With a Going Private Transaction
NEW YORK, NY--(Marketwired - Jan 8, 2014) - Levi &
Korsinskynotifies investors of Trunkbow International Holdings,
Ltd. ("Trunkbow" or the "Company") (NASDAQ: TBOW) of claims of
breaches of fiduciary duty and other violations of state law
against the board of directors of the Company in connection with
the sale of the Company to Trunkbow Merger Group Limited, a company
owned by Dr. Wanchun Hou, Chairman of the Trunkbow Board of
Directors, and Mr. Qiang Li, Chief Executive Officer and Director.
A complaint was filed in Nevada state court.
Click here to learn more about the case
http://9nl.me/trunkbow-international-holdings/, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of transaction, Trunkbow shareholders will
receive $1.46 in cash for each share of Trunkbow stock they own.
The claims concern whether Wanchun and Qiang are taking advantage
of their positions within the Company to purchase Trunkbow at an
unfair price. Trunkbow has a reported book value of $2.70 per share
for the most recent quarter.
If you own Trunkbow 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://9nl.me/trunkbow-international-holdings/.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm has
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.
CONTACT: Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard
Korsinsky, Esq. 30 Broad Street - 24th Floor New York, NY 10004
Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171
www.zlk.com
Trunkbow International Holdings Ltd. (MM) (NASDAQ:TBOW)
Historical Stock Chart
From Aug 2024 to Sep 2024
Trunkbow International Holdings Ltd. (MM) (NASDAQ:TBOW)
Historical Stock Chart
From Sep 2023 to Sep 2024