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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Nobel Learning Communities, Inc. (MM) | NASDAQ:NLCI | 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% | 11.60 | 0 | 01:00:00 |
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Nobel Learning Communities, Inc. (“Nobel” or the “Company”) (Nasdaq: NLCI) relating to the proposed acquisition by Leeds Equity Partners. (“Leeds”).
Under the terms of the transaction, Nobel shareholders would receive $11.70 in cash for each share of common stock of they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Nobel by not acting in Nobel shareholders' best interests in connection with the sale process to Leeds. The transaction may undervalue Nobel as an analyst has set a price target of $20.00 per share on Nobel stock. In addition approximately 55% of Nobel stockholders, including the company’s management, have entered into agreements with Leeds to vote in favor of the transaction. This may prevent a better offer to acquire Nobel to be forth coming.
If you own shares of Nobel stock and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at investorrelations@brodsky-smith.com, visiting http://brodsky-smith.com/290-nlci-nobel-learnig-communities-inc.html, or by calling toll free 877-LEGAL-90.
1 Year Nobel Learning Communities, Inc. (MM) Chart |
1 Month Nobel Learning Communities, Inc. (MM) Chart |
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