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MEDQ Medquist, Inc. (MM)

10.41
0.00 (0.00%)
20 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Medquist, Inc. (MM) NASDAQ:MEDQ 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% 10.41 0 01:00:00

Management Led Buyout of MedQuist Causes Shareholder Claim Investigation by Goldfarb Branham Law Firm LLP

07/02/2011 11:17pm

Business Wire


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Goldfarb Branham LLP is investigating whether the Board of Directors of MedQuist, Inc. (NASDAQ: MEDQ) violated shareholder protection laws in connection with the proposed exchange offer by CBay Systems Holdings Limited. If you are a MedQuist, Inc. shareholder – or have knowledge of this transaction – you are encouraged to contact attorney Hamilton Lindley at 877-583-2855 or hlindley@goldfarbbranham.com.

“CBay -- which already owns 69.5 percent of MedQuist -- has offered to exchange one share of CBay for each share of MedQuist it does not already own,” securities lawyer Hamilton Lindley said. “Our potential class action lawsuit seeks to ensure that the MedQuist Board of Directors maximizes value for investors in this management led buyout by the company’s controlling shareholder.”

Goldfarb Branham’s lawyers have significant experience representing individual and institutional investors in over 100 shareholder class action cases. A firm securities lawyer, Hamilton Lindley, can be reached at hlindley@goldfarbbranham.com or 877-583-2855 to discuss the impact of this buyout on MedQuist shareholders.

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