SHAREHOLDER ALERT: Levi & Korsinsky Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Vanguard...
June 25 2013 - 7:12AM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
Vanguard Health Systems, Inc. (“Vanguard Health” or the “Company”)
(NYSE: VHS) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the Company
to Tenet Healthcare Corporation (NYSE: THC).
Click here to learn more about the investigation
http://zlk.9nl.com/vanguard-health-vhs/, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Vanguard Health shareholders
will receive $21.00 for each share of Vanguard Health stock they
own. The transaction has a total approximate value of $4.3 billion
including the assumption of $2.5 billion in debt. The investigation
concerns whether the Board of Directors breached their fiduciary
duties to stockholders by failing to adequately shop the Company
before agreeing to enter into the transaction, and whether Tenet
Healthcare Corporation is underpaying for Vanguard Health, thus
unlawfully harming Vanguard Health shareholders.
If you own common stock in Vanguard Health 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/vanguard-health-vhs/.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey 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.
Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.Tel: 212-363-7500Toll Free: 877-363-5972Fax:
212-363-7171www.zlk.com
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