American Medical Alert Corp. Merger Litigation (Nasdaq: AMAC)
Law Office of Brodsky & Smith, LLC Announces Investigation of American Medical Alert Corp.
BALA CYNWYD – (BUSINESS WIRE) Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of American Medical Alert Corp. (“American Medical Alert” or the “Company”) (Nasdaq - AMAC- News) relating to the proposed acquisition by Tunstall Healthcare Group Limited (“Tunstall”).
Under the terms of the offer American Medical Alert shareholders would receive $8.55 in cash for each share American Medical Alert stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of American Medical Alert for not acting in the Company’s shareholders' best interests in connection with the sale process to Tunstall. Officers and directors of American Medical Alert, holding approximately 26% of the outstanding common shares of American Medical Alert, have already agreed to vote in favor of the transaction.
If you own shares of American Medical Alert 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 email@example.com, or by calling toll free 877-LEGAL-90.
To Join the American Medical Alert Corp. Litigation
Fill out this form
The complaint is unavailable at this time