The Law Firm of Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by the Board of O'Charley's ...
15 Febbraio 2012 - 5:06PM
Marketwired
Levi & Korsinsky notifies investors of O'Charley's Inc.
("O'Charley's " or the "Company") (NASDAQ: CHUX) of claims of
breaches of fiduciary duty and other violations of state law
against the Board of Directors of the Company in connection with
the sale of the Company to Fidelity National Financial, Inc.
("Fidelity Financial"). Under the terms of the transaction,
O'Charley's shareholders will receive $9.85 in cash for each share
of O'Charley's stock they own. Fidelity National currently owns
approximately 9.5% of the outstanding shares of O'Charley's common
stock. A complaint was filed in Tennessee state court.
Click here to learn how to join the action:
http://www.zlk.com/ocharleys-chux, or call: 877-363-5972. There is
no cost or obligation to you.
The claims concern whether the O'Charley's Board of Directors
breached their fiduciary duties to O'Charley's stockholders by
failing to adequately shop the Company before entering into this
transaction and whether Fidelity Financial is underpaying for
O'Charley's shares, thus unlawfully harming O'Charley's
stockholders.
If you own common stock in O'Charley's and wish to obtain
additional information, please contact Joseph E. Levi, Esq. either
via email at jlevi@zlk.com or by telephone at (212) 363-7500,
toll-free: (877) 363-5972, or http://www.zlk.com.
Levi & Korsinsky has extensive expertise in prosecuting
investor securities litigation involving financial fraud and
represents investors throughout the nation, concentrating its
practice in securities and shareholder litigation. For more
information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
CONTACT: Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard
Korsinsky, Esq. 30 Broad Street - 15th Floor New York, NY 10004
Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171
www.zlk.com
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