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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 | - |
Robbins Umeda LLP has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by members of the Board of Directors ("Board") of COMFORCE Corporation ("COMFORCE" or the "Company") (NYSE Amex: CFS) in connection with their efforts to sell COMFORCE to an affiliate of ABRY Partners, LLC ("ABRY"). If the transaction is completed, COMFORCE shareholders will receive $2.50 in cash for each share of COMFORCE common stock they hold. The transaction is expected to close in the fourth quarter of 2010.
Robbins Umeda LLP's investigation concerns whether the COMFORCE Board undertook a fair process to obtain fair consideration for all COMFORCE shareholders. Specifically, our investigation concerns whether members of the Company's Board breached their fiduciary duties to COMFORCE shareholders by failing to adequately shop the Company before entering into the transaction with ABRY.
If you are a shareholder of COMFORCE, plan to continue to hold your shares, and would like more information about your rights as a shareholder, please contact attorney Gregory E. Del Gaizo at 800-350-6003 or by e-mail at info@robbinsumeda.com.
Robbins Umeda LLP is a securities litigation firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions. For more information about the firm, please go to http://www.robbinsumeda.com.
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