We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| E-Commerce China Dangdang Inc. American Depositary Shares, Each Representing Five Class A Common Shares | NYSE:DANG | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 6.63 | 0 | 01:00:00 |
From May 2019 to May 2024
NEW YORK, Sept. 6, 2016 /PRNewswire/ -- Sadis & Goldberg LLP has been retained by a client to investigate potential breaches of fiduciary duties and an unfair price offered by CEO Guoqing Li and Chairwoman Peggy Yu in a management going-private merger to acquire Dangdang Inc. (ADR ticker "DANG"). The investigation focuses on allegations that Mr. Li and Ms. Yu engaged in unfair dealing and are offering an unfair price in their proposed management, going-private acquisition of Dangdang, which is set for a shareholder vote on September 12, 2016.
Sadis & Goldberg and its client are exploring an appraisal action pursuant to which its client has dissented from the transaction. They are also investigating potential claims for breaches of fiduciary duties in connection with the proposed management buyout. Sadis & Goldberg has experience handling appraisal rights actions, including obtaining a significant premium over the merger price at trial.
If you are an investor in Dangdang, Inc. or have otherwise invested, and wish to obtain additional information and protect your investment, please contact Samuel J. Lieberman of Sadis & Goldberg at (212) 573-8164 or by email at slieberman@sglawyers.com. Importantly, if you seek to explore an appraisal rights action, please be sure to vote against the transaction and notify the company that you seek to exercise your appraisal rights. We can help you exercise those rights as required by law.
About Sadis & Goldberg LLP
Sadis & Goldberg LLP is a leading New York based law firm focused on delivering sophisticated and creative legal solutions in a highly professional manner. The firm is recognized for its financial services practice that consists of representing several hundred investment advisers and related investment entities (including hedge funds, private equity funds and venture capital funds). Similarly, the firm provides regulatory and compliance advice and representation in connection with SEC enforcement proceedings. Notwithstanding the emphasis on the financial services industry, the firm also provides a full range of tax, litigation, regulatory, real estate, intellectual property and corporate services to its clients.
Sadis & Goldberg LLP
551 Fifth Avenue, 21st Floor
New York, NY 10176
212.947.3793
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/sadis--goldberg-llp-retained-by-client-to-investigate-unfair-merger-price-and-possible-legal-violations-at-dangdang-inc-300322861.html
SOURCE Sadis & Goldberg LLP
Copyright 2016 PR Newswire
1 Year E-Commerce China Dangdang Inc. American Depositary Shares, Each Representing Five Class A Common Shares Chart |
1 Month E-Commerce China Dangdang Inc. American Depositary Shares, Each Representing Five Class A Common Shares Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
