Finkelstein Thompson Investigating on Bell Micro
The sixth one to do it
This is a Press Release edited by StorageNewsletter.com on April 7, 2010 at 3:30 pmFinkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Bell Microproducts, Inc. arising from the Company’s announcement of its intent to sell the Company to Avnet, Inc. Under the terms of the agreement, Bell shareholders will receive $7.00 in cash for each share they own, placing a total value of approximately $594 million on the deal, including the assumption of debt.
The investigation is focused on the potential unfairness of the price to Bell’s shareholders and the process by which the Bell Board of Directors considered and approved the transaction, particularly in light of their most recent quarterly financial results, which saw net sales increase by 9%.
Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.
Comments
Now the list of companies "defending" Bell Micro's shareholders
comprises six U.S. lawyers.
Remember that Finkelstein Thompson also investigates on Data Domain
concerning its acquisition by EMC:
Finkelstein Thompson LLP Investigates Data Domain
Acquisition
The third company to do it.