The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Knolog...
April 19 2012 - 3:35PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
Knology, Inc. (“Knology” or the “Company”) (Nasdaq: KNOL) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to WOW! Internet,
Cable & Phone. Under the terms of the agreement, Knology
shareholders will receive $19.75 for each share of Knology stock
they own. The transaction has a total approximate value of $1.5
billion.
Click here to learn how to join the action:
http://www.zlk.com/knology-knol, or call: 877-363-5972. There is no
cost or obligation to you.
The investigation concerns whether the Knology Board of
Directors breached their fiduciary duties to Knology stockholders
by failing to adequately shop the Company before entering into this
transaction and whether WOW! Internet, Cable & Phone is
underpaying for Knology shares, thus unlawfully harming Knology
stockholders.
If you own common stock Knology 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 http://www.zlk.com.
Levi & Korsinsky is a national firm with offices in New York
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. The attorneys at Levi & Korsinsky have been appointed
by numerous courts throughout the country to serve as lead counsel
on behalf of shareholders in major securities lawsuits and have
successfully recovered multimillion-dollar damages awards on behalf
of investors. For more information, please feel free to contact any
of the attorneys listed below. Attorney advertising. Prior results
do not guarantee similar outcomes.
Knology, Inc. (MM) (NASDAQ:KNOL)
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