Law Firm Brower Piven Announces Investigation of Access Plans, Inc.
February 28 2012 - 5:15PM
Business Wire
The law firm of Brower Piven, A Professional Corporation, has
commenced an investigation into possible breaches of fiduciary duty
to current shareholders of Access Plans, Inc. (“Access Plans”)
(OTC.BB: APNC.OB) and other violations of state law by the
board of directors of Access Plans relating to the proposed
acquisition of the company by Aon Affinity (“Aon Affinity ”). The
firm’s investigation seeks to determine, among other things,
whether the board breached their fiduciary duties by failing to
maximize shareholder value.
On February 27, 2012, Access Plans announced that it had entered
into a definitive agreement to be acquired by Aon Affinity for
$3.30 per share in cash or a net purchase price of approximately
$70.1 million in cash.
If you currently own shares of Access Plans and would like to
learn more about the investigation being conducted by Brower Piven,
you may email or call Brower Piven, who will, without obligation or
cost to you, attempt to answer your questions. You may contact
Brower Piven by email at hoffman@browerpiven.com, by calling
410/415-6616, or at Brower Piven, A Professional Corporation, 1925
Old Valley Road, Stevenson, Maryland 21153. Attorneys at Brower
Piven have combined experience litigating securities and other
class action cases of over 60 years.
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