PZG SHAREHOLDER ALERT: Levi & Korsinsky, LLP Launches Investigation of the Board of Directors of Paramount Gold & Silver Corp...
December 17 2014 - 10:52AM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
Paramount Gold and Silver Corp. (“Paramount” or “the Company”)
(NYSE MKT: PZG) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the Company
to Coeur Mining, Inc. (“Coeur”).
Click here to learn more about the investigation:
http://zlk.9nl.com/paramount-gold-silver-pzg.
Under the terms of the transaction, Paramount shareholders will
receive 0.2016 shares of Coeur common stock for each share of
Paramount stock they own, representing a value of approximately
$0.90 per share. Prior to the merger close, Paramount will spin off
its non-Mexican assets and liabilities to form new company SpinCo.
The investigation concerns whether the Board of Paramount breached
their fiduciary duties to stockholders by failing to adequately
shop the Company before agreeing to enter into this transaction,
and whether Coeur is underpaying for Paramount shares.
If you own Paramount 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://zlk.9nl.com/paramount-gold-silver-pzg.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm’s
attorneys have 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.
Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.Tel: 212-363-7500Toll Free: 877-363-5972Fax:
866-367-6510www.zlk.com
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