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CFS Comforce Corp

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Share Name Share Symbol Market Type
Comforce Corp AMEX:CFS AMEX Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into the Possible Breaches of Fiduciary Duty by the Board of ...

02/11/2010 2:24pm

Business Wire


Comforce (AMEX:CFS)
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Levi & Korsinsky is investigating the Board of Directors of COMFORCE Corporation (“COMFORCE” or the “Company”) (Amex: CFS) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to an affiliate of ABRY Partners, LLC (“ABRY Partners”). Under the terms of the transaction, COMFORCE shareholders will receive $2.50 in cash per share for a total transaction value of approximately $84.8 million. The Board of Directors of COMFORCE approved the merger agreement with ABRY Partners and resolved to recommend that COMFORCE's stockholders vote to adopt the merger agreement.

Click here to learn how to join the action: http://www.zlk.com/comforce-cfs.html, or call: 877-363-5972.

The investigation concerns whether the COMFORCE Board of Directors breached their fiduciary duties to COMFORCE stockholders by failing to adequately shop the Company before entering into this transaction and whether ABRY Partners is underpaying for COMFORCE shares, thus unlawfully harming COMFORCE stockholders.

If you own common stock in COMFORCE 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://www.zlk.com/comforce-cfs.html.

Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major litigations involving mergers and acquisitions. For more information, please feel free to contact any of the attorneys listed below.

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