The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of WCA Wa...
29 Dicembre 2011 - 7:04PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
WCA Waste Corporation (“WCA” or the “Company”) (Nasdaq: WCAA) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to Macquarie
Infrastructure Partners II (“MIP II”). Under the terms of the
transaction, WCA shareholders will receive $6.50 per share of WCA
stock they own. The transaction has a total approximate value of
$526 million including the refinance of WCA’s existing credit
facilities.
Click here to learn how to join the action:
http://www.zlk.com/wca-waste-wcaa, or call: 877-363-5972.
The investigation concerns whether the WCA Board of Directors
breached their fiduciary duties to WCA stockholders by failing to
adequately shop the Company before entering into this transaction
and whether MIP II is underpaying for WCA shares, thus unlawfully
harming WCA stockholders. In particular, the Company has reported a
book value of $7.79 per share, for the most recent quarter.
If you own common stock in WCA 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.
Grafico Azioni Wca Waste Corp. (MM) (NASDAQ:WCAA)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni Wca Waste Corp. (MM) (NASDAQ:WCAA)
Storico
Da Giu 2023 a Giu 2024
Notizie in Tempo Reale relative a Wca Waste Corp. (MM) (NASDAQ): 0 articoli recenti
Più Levi & Korsinsky, LLP Articoli Notizie