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TBOW Trunkbow International Holdings Ltd. (MM)

1.45
0.00 (0.00%)
31 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Trunkbow International Holdings Ltd. (MM) NASDAQ:TBOW 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% 1.45 0 01:00:00

SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of Trunkbow International Holdings, Ltd.

12/12/2013 2:25am

Business Wire


Trunkbow International Holdings Ltd. (MM) (NASDAQ:TBOW)
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From Jun 2019 to Jun 2024

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Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Trunkbow International Holdings, Ltd. (“Trunkbow” or the “Company”) (Nasdaq:TBOW) relating to the proposed acquisition by a company owned by the Chairman of Trunkbow’s Board of Directors and Trunkbow’s Chief Executive Officer and Director.

Click here to learn more about the investigation http://brodsky-smith.com/682-tbow-trunkbow-international-holdings-ltd.html, or call 877-534-2590. There is no cost or obligation to you.

Under the terms of the transaction, Trunkbow shareholders will receive only $1.46 in cash for each share of Trunkbow stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Trunkbow for not acting in the Company’s shareholders' best interests in connection with the sale process. The investigation seeks to determine if the Trunkbow Board of Directors failed to conduct an adequate auction process and as a result harmed the Trunkbow shareholders by undervaluing their Company.

The transaction will result in a loss or no gain for many long term Trunkbow shareholders. Trunkbow stock traded above the sale price at $2.29 per share on January 11, 2012 and traded at $1.46 per share as recently as February 7, 2013. In addition, Trunkbow has a reported book value of $2.70 per share for the most recent quarter.

If you own shares of Trunkbow common 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, or by visiting http://brodsky-smith.com/682-tbow-trunkbow-international-holdings-ltd.html, or calling toll free 877-LEGAL-90.

Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and case action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

Brodsky & Smith, LLCJason L. Brodsky, EsquireEvan J. Smith, Esquire877-LEGAL-90investorrelations@brodsky-smith.comhttp://brodsky-smith.com/682-tbow-trunkbow-international-holdings-ltd.html

1 Year Trunkbow International Holdings Ltd. (MM) Chart

1 Year Trunkbow International Holdings Ltd. (MM) Chart

1 Month Trunkbow International Holdings Ltd. (MM) Chart

1 Month Trunkbow International Holdings Ltd. (MM) Chart

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