TRUNKBOW INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Trunkbow International Holdings, Ltd. In Connect...
10 Dezember 2013 - 9:52PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of Trunkbow International Holdings, Ltd.
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a
leading national securities firm headquartered in New York City, is
investigating the Board of Directors of Trunkbow International
Holdings, Ltd. (“Trunkbow” or the “Company”) (NasdaqGM: TBOW) for
potential breaches of fiduciary duties in connection with their
conduct related to the sale of the Company to Trunkbow Merger Group
Limited in a cash deal valued at approximately $50 million. Under
the terms of the proposed transaction, Trunkbow’s stockholders will
receive $1.46 for each share of Trunkbow common stock they own.
However, Trunkbow’s book value is significantly higher at $2.70 per
share.
Request more information now by clicking here:
www.faruqilaw.com/TBOW. There is no cost or
obligation to you.
The investigation focuses on whether Trunkbow’s Board of
Directors breached their fiduciary duties to the Company’s
stockholders by failing to conduct an adequate and fair sales
process prior to agreeing to this proposed transaction, whether and
by how much this proposed transaction undervalues the Company to
the detriment of Trunkbow’s shareholders.
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, throughout all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients. To keep track of the latest
securities litigation news, follow us on Twitter at
www.twitter.com/MergerActivity or on Facebook at
www.facebook.com/FaruqiLaw.
If you own common stock in Trunkbow and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/TBOW 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) 2013 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.
Faruqi & Faruqi, LLP369 Lexington Avenue, 10th FloorNew
York, NY 10017Attn: Juan E. Monteverde,
Esq.jmonteverde@faruqilaw.comToll Free: 877-247-4292Phone:
212-983-9330
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