NEW YORK, May 22, 2013 /PRNewswire/ --
AsiaInfo-Linkage, Inc.
Lifshitz Law Firm announces an investigation into possible
breaches of fiduciary duty in connection with the proposed sale of
AsiaInfo-Linkage, Inc. ("AsiaInfo-Linkage" or the "Company")
(ASIA) to a private investor
consortium led by CITIC Capital Partners for US$12.00 in cash for each AsiaInfo-Linkage share
of common stock they hold.
Lifshitz Law Firm's investigation is focused on whether the
Board of Directors of the Company is acting in the Company's
shareholders' best interests in connection with the sale
process.
For more information about our investigation, please contact
Joshua M. Lifshitz, Esq. by telephone at (212) 213-6222 Ext. 18 or
by sending an e-mail including your contact information to:
info@jlclasslaw.com.
Commerce National Bank
Lifshitz Law Firm announces an investigation into possible
breaches of fiduciary duty in connection with the proposed sale of
Commerce National Bank ("Commerce" or the "Company") (CNBF) to
Sterling Financial Corporation for cash consideration of
$15.10 per common share.
Including the planned redemption of outstanding Commerce
stock options and warrants for cash, the aggregate transaction
value is approximately $42.9
million.
Lifshitz Law Firm's investigation is focused on whether the
proposed deal provides adequate value to the Company's
shareholders.
For more information about our investigation, please contact
Joshua M. Lifshitz, Esq. by telephone at (212) 213-6222 Ext. 18 or
by sending an e-mail including your contact information to:
info@jlclasslaw.com.
CFS Bancorp, Inc.
Lifshitz Law Firm announces an investigation into possible
breaches of fiduciary duty in connection with the proposed sale of
CFS Bancorp, Inc. ("CFS" or the "Company") (CITZ) to First
Merchants Corporation ("First Merchants") in a stock transaction
valued at approximately $114.7
million, or 0.65 shares of First Merchants common stock for
each share of CFS common stock owned, with an implied price per
share of CFS common stock of $10.49.
Lifshitz Law Firm's investigation is focused on whether the
Board of Directors of the Company is acting in the Company's
shareholders' best interests in connection with the sale
process.
For more information about our investigation, please contact
Joshua M. Lifshitz, Esq. by telephone at (212) 213-6222 Ext. 18 or
by sending an e-mail including your contact information to:
info@jlclasslaw.com.
IEC Electronics Corp.
Lifshitz Law Firm announces that it is investigating potential
claims against the board of IEC Electronics Corp. ("IEC" or the
"Company") (IEC). On May 1,
2013, IEC announced that its consolidated financial
statements for the fiscal year ended September 30, 2012, the quarterly periods during
fiscal 2012, and the quarter ended December
28, 2012 are being restated due to an error in accounting
for work-in-process inventory at one of the Company's subsidiaries,
Southern California Braiding, Inc. This error resulted in an
aggregate understatement of cost of sales and an aggregate
overstatement of gross profit during all such Restated Periods of
approximately $2.2 million.
For more information about our investigation, please contact
Joshua M. Lifshitz, Esq. by telephone at (212) 213-6222 Ext. 18 or
by sending an e-mail including your contact information to:
info@jlclasslaw.com.
Lifshitz Law Firm is a New
York based law firm with significant experience representing
investors in merger-related shareholder class actions, shareholder
derivative actions, and securities fraud class actions. For
more information about the firm, please visit our website at
www.jlclasslaw.com.
ATTORNEY ADVERTISING. © 2013 Lifshitz Law
Firm. The law firm responsible for this advertisement is
Lifshitz Law Firm, 18 East 41st Street, New York, New York 10017, (212)
213-6222. Prior results do not guarantee or predict a similar
outcome with respect to any future matter.
Contact:
Joshua M. Lifshitz, Esq.
Lifshitz Law Firm
Phone: 212-213-6222
Email: info@jlclasslaw.com
SOURCE Lifshitz Law Firm