Faruqi & Faruqi, LLP Announces Shareholder Investigation Related to the Acquisition of Nobel Learning Communities, Inc. - NLCI
23 Mai 2011 - 10:05PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of Nobel Learning Communities, Inc. (“Nobel Learning” or
the “Company”) (NasdaqGM: NLCI) for potential breaches of fiduciary
duties in connection with their conduct related to the sale of the
Company to Leeds Equity Partners in a deal valued at roughly $149
million. The proposed transaction offers Nobel Learning
shareholders $11.75 per share in cash. According to Yahoo! Finance,
at least one financial analyst has set a price target of $20 per
share for Nobel Learning stock.
Request more information now by clicking here:
www.faruqilaw.com/NLCI.
Whether the Nobel Learning’s Board of Directors breached their
fiduciary duties to Nobel Learning’s stockholders by failing to
conduct an adequate and fair sales process to sell the Company
prior to agreeing to this proposed transaction, whether the
proposed transaction undervalues Nobel Learning’s shares and by how
much this proposed transaction undervalues the Company to the
detriment of Nobel Learning shareholders are the key focus of this
investigation.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, through all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients.
If you own common stock in Nobel Learning and wish to obtain
additional information, please visit us at www.faruqilaw.com/NLCI
or contact Juan E. Monteverde, Esq. either via e-mail at
jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or
(212) 983-9330.
Attorney Advertising. (C) 2011 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
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