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AMAC American Medical Alert Corp. (MM)

8.56
0.00 (0.00%)
29 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
American Medical Alert Corp. (MM) NASDAQ:AMAC NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 8.56 0 00:00:00

Faruqi & Faruqi, LLP Announces Investigation of American Medical Alert Corp.

24/09/2011 12:00am

Business Wire


American Medical Alert (NASDAQ:AMAC)
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From Dec 2019 to Dec 2024

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Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of American Medical Alert Corp. (“American Medical” or the “Company”) (NASDAQ: AMAC) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Tunstall Healthcare Group Limited, a leading telehealth and telecare provider, in an all-cash deal valued at about $82.3 million. Under the terms of the proposed transaction, American Medical stockholders will receive $8.55 in cash per each share of American Medical they own.

Request more information now by clicking here: www.faruqilaw.com/AMAC

Whether the Board of Directors of American Medical 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 the proposed transaction undervalues the shares of American Medical and by how much this proposed transaction undervalues the Company to the detriment of American Medical shareholders are the key focus of this investigation.

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 American Medical and wish to obtain additional information, please visit us at www.faruqilaw.com/AMAC 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, LLP369 Lexington Avenue, 10th FloorNew York, NY 10017Attn: Juan E. Monteverde, Esq.jmonteverde@faruqilaw.comToll Free: (877) 247-4292Phone: (212) 983-9330

Attorney Advertising. (C) 2011 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.

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