Buyout of Pre-Paid Legal Services Causes Shareholder Claim Investigation by Goldfarb Branham Law Firm LLP
February 01 2011 - 10:01AM
Business Wire
Goldfarb Branham LLP is investigating whether the Board of
Directors of Pre-Paid Legal Services, Inc. (NYSE: PPD) violated
shareholder protection laws in connection with the proposed buyout
by MidOcean Partners for approximately $66.50 per share. If you are
a Pre-Paid shareholder – or have knowledge of this transaction –
you are encouraged to contact attorney Hamilton Lindley at
877-583-2855 or hlindley@goldfarbbranham.com.
“The proposal appears to undervalue the company because Pre-Paid
Legal shares traded higher than the buyout price in September and
December 2010,” securities lawyer Hamilton Lindley said. “Our
potential class action lawsuit seeks to ensure that the Pre-Paid
Legal Board of Directors maximizes value for investors in this
buyout.”
Goldfarb Branham’s lawyers have significant experience
representing individual and institutional investors in over 100
shareholder class action cases. A firm securities lawyer, Hamilton
Lindley, can be reached at hlindley@goldfarbbranham.com or
877-583-2855 to discuss the impact of this buyout on Pre-Paid
shareholders.
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