LEVI & KORSINSKY, LLP Investigates TRUNKBOW INTERNATIONAL HOLDINGS, LTD. for Possible Breaches of Fiduciary Duty In Connectio...
10 Dicembre 2013 - 6:31PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
Trunkbow International Holdings, Ltd. (“Trunkbow” or the “Company”)
(NasdaqGM:TBOW) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the Company
to Trunkbow Merger Group Limited, a company owned by Dr. Wanchun
Hou, Chairman of the Trunkbow Board of Directors, and Mr. Qiang Li,
Chief Executive Officer and Director.
Click here to learn more about the investigation
http://9nl.me/trunkbow-international-holdings/, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of transaction, Trunkbow shareholders will
receive $1.46 in cash for each share of Trunkbow stock they own.
The investigation concerns whether Wanchun and Qiang are taking
advantage of their positions within the Company to purchase
Trunkbow at an unfair price. Trunkbow has a reported book value of
$2.70 per share for the most recent quarter.
If you own Trunkbow common stock 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 visit
http://9nl.me/trunkbow-international-holdings/.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm has
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. For more information, please
feel free to contact any of the attorneys listed below. Attorney
advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.212-363-7500Toll Free: 877-363-5972Fax:
212-363-7171www.zlk.com
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