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NTS Nts, Inc.

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Share Name Share Symbol Market Type
Nts, Inc. AMEX:NTS AMEX Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Acquisition of NTS, Inc. (NTS) by Tower Three Partners LLC May Be Detrimental to the Interests of NTS, Inc.

30/10/2013 8:28pm

PR Newswire (US)


Nts, Inc. (AMEX:NTS)
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NEW YORK, Oct. 30, 2013 /PRNewswire/ -- Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of NTS, Inc. ("NTS" or the "Company") (NTS) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Tower Three Partners LLC in a cash deal valued at approximately $83 million. Under the terms of the proposed transaction, NTS stockholders will receive $2.00 for each share of NTS common stock they own.

(Logo:  http://photos.prnewswire.com/prnh/20120119/MM38856LOGO)

Request more information now by clicking here: www.faruqilaw.com/NTS.  There is no cost or obligation to you.

The investigation focuses on whether NTS's Board of Directors breached their fiduciary duties to the Company's stockholders by failing to conduct an adequate and fair sales process prior to agreeing to this proposed transaction, whether and by how much this proposed transaction undervalues the Company to the detriment of NTS's shareholders. 

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation.  The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation.  The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients.

If you own common stock in NTS, Inc. and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/NTS or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330. 

Contact:
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone:    (212) 983-9330

Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP.  The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).  Prior results do not guarantee or predict a similar outcome with respect to any future matter.  We are happy to discuss your particular case.

SOURCE Faruqi & Faruqi, LLP

Copyright 2013 PR Newswire

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