TRUNKBOW INTERNATIONAL HOLDINGS LIMITED SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
December 11 2013 - 3:28PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of Trunkbow
International Holdings Limited (NASDAQ GM:
TBOW)?
- Did you purchase any of your shares
prior to December 10, 2013?
- Do you think the proposed buyout
price is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of Trunkbow
International Holdings Limited (“Trunkbow” or the “Company”)
(NASDAQ GM: TBOW) regarding possible breaches of fiduciary duties
and other violations of law related to the Company’s entry into an
agreement to be taken private by Trunkbow Merger Group Limited
(“TMGL”), an investor group which includes the Company’s Chairman
of the Board, Dr. Wanchun Hou, and Chief Executive Officer, Qiang
Li, in a transaction valued at approximately $53 million.
Click here to learn more:
http://www.rigrodskylong.com/investigations/trunkbow-international-holdings-limited-tbow.
Under the terms of the agreement, public shareholders of
Trunkbow will receive $1.46 per share in cash for each share of
Trunkbow they own.
The investigation concerns whether Trunkbow’s board of directors
failed to adequately shop the Company and obtain the best possible
value for Trunkbow’s shareholders before entering into an agreement
with TMGL.
If you own the common stock of Trunkbow and purchased your
shares before December 10, 2013, if you have information or would
like to learn more about these claims, or if you wish to discuss
these matters or have any questions concerning this announcement or
your rights or interests with respect to these matters, please
contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long,
P.A., 825 East Gate Boulevard, Suite 300, Garden City, New York
11530, by telephone at (888) 969-4242; by e-mail to
info@rl-legal.com, or at:
http://www.rigrodskylong.com/investigations/trunkbow-international-holdings-limited-tbow.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in
states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M.
Serra888-969-4242516-683-3516Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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