ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

CADC China Advanced Constr Matls Group (MM)

3.51
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
China Advanced Constr Matls Group (MM) NASDAQ:CADC 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% 3.51 2.25 5.87 0 01:00:00

The Law Firm of Levi & Korsinsky, LLP Announces Investigation of China Advanced Construction Materials Group, Inc.

27/07/2011 4:40pm

Business Wire


China Advanced Constr Matls Group (MM) (NASDAQ:CADC)
Historical Stock Chart


From Jul 2019 to Jul 2024

Click Here for more China Advanced Constr Matls Group (MM) Charts.

Levi & Korsinsky is investigating the Board of Directors of China Advanced Construction Materials Group, Inc. (“China ACM” or the “Company”) (NASDAQ: CADC) for possible breaches of fiduciary duty and other violations of state law in connection with a proposal from its Chairman and Chief Executive Officer, Mr. Xianfu Han, and Weili He, Vice Chairman and Chief Operating Officer, to purchase all outstanding shares of China ACM stock they do not currently own. Under the terms of the transaction, China ACM shareholders would receive $2.65 in cash per share of China ACM stock they own. Mr. Han and Mr. He currently own approximately 49.5% of the Company’s common stock.

Click here to learn how to join the action: http://www.zlk.com/china-advanced-construction-cadc, or call: 877-363-5972.

The investigation concerns, among other things, whether the consideration to be paid to China ACM shareholders is unfair, inadequate, and substantially below the fair or inherent value of China ACM. In particular, China ACM stock traded as high as $4.90 per share as recently as February 9, 2011. Furthermore, at least one analyst set a price target of $5.00 per share of China ACM stock.

If you own common stock in China ACM 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 http://www.zlk.com.

Levi & Korsinsky is a national firm with offices in New York, California and Washington D.C. The firm has extensive expertise in prosecuting investor securities litigation 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. Attorney advertising. Prior results do not guarantee similar outcomes.

1 Year China Advanced Constr Matls Group (MM) Chart

1 Year China Advanced Constr Matls Group (MM) Chart

1 Month China Advanced Constr Matls Group (MM) Chart

1 Month China Advanced Constr Matls Group (MM) Chart