APAC Customer Services, Inc. Merger Litigation (Nasdaq: APAC)
Law Office of Brodsky & Smith, LLC Announces Investigation of APAC Customer Services, Inc.
BALA CYNWYD – (BUSINESS WIRE) Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of APAC Customer Services, Inc. (“APAC” or the “Company”) (Nasdaq - APAC - News) relating to the proposed acquisition by an affiliate of One Equity Partners (“One Equity”).
Under the terms of the transaction, shareholders of APAC will receive $8.55 in cash for each share of APAC stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of APAC by not acting in APAC shareholders' best interests in connection with the sale process to One Equity. The transaction may undervalue APAC as the chairman of the board, and his affiliated entities, have entered into a voting agreement to vote in favor of the transaction.
If you own shares of APAC stock and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at investorrelations@brodsky-smith.com, or by calling toll free 877-LEGAL-90.
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