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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 |
Law Offices of Howard G. Smith announces that it is investigating potential claims against the Board of Directors of American Medical Alert Corp. (“American Medical” or the “Company”) (Nasdaq:AMAC) related to the proposed acquisition of the Company by Tunstall Healthcare Group Limited. The transaction is valued at approximately $80 million or $8.55 per share.
The investigation concerns whether the Board of Directors of American Medical breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Company has disclosed all material information to shareholders about the transaction. The Company has seen substantial recent growth. It’s share price has sky rocketed from $5.00 on December 2, 2010 to $6.15 on January 10 2011.
If you are a shareholder of American Medical, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.
1 Year American Medical Alert Chart |
1 Month American Medical Alert Chart |
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