The Shuman Law Firm Announces Investigation on Behalf of Amicas, Inc. Shareholders
22 Gennaio 2010 - 12:04AM
Business Wire
The Shuman Law Firm today announced that it is investigating
potential breaches of fiduciary duty and other violations of state
law on behalf of shareholders of Amicas, Inc. (“Amicas” or the
“Company”) (Nasdaq: AMCS) relating to the proposed acquisition by
an affiliate of Thoma Bravo, LLC (“Thoma Bravo”).
Under the proposed agreement, Amicas shareholders will receive
$5.35 for every share of Amicas common stock they own. The
investigation concerns whether the Amicas Board of Directors failed
to maximize shareholder value by entering into proposed acquisition
at an inadequate premium to the then-current trading price of
Amicas common stock, and that the proposed acquisition inequitably
favors and provides millions of dollars of benefits to Amicas’
insiders that are not available to the Company’s common
shareholders in the form of accelerated vesting of stock options,
cashed out restricted common stock and continued employment with
the new company.
If you are interested in discussing your rights as an Amicas
shareholder, or have information relating to this investigation,
please contact Kip B. Shuman or Rusty E. Glenn toll free at (866)
974-8626 or email Mr. Shuman at kip@shumanlawfirm.com or Mr. Glenn
at rusty@shumanlawfirm.com.
The Shuman Law Firm represents investors throughout the nation,
concentrating its practice in securities class actions and
shareholder derivative actions.
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