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Share Name | Share Symbol | Market | Type |
---|---|---|---|
99 Cents Only Stores Common Stock | NYSE:NDN | NYSE | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 22.01 | 0.00 | 01:00:00 |
Bernstein Liebhard LLP is investigating whether the Board of Directors of 99 Cents Only Stores (“99 Cents Only” or the “Company”) (NYSE:NDN) is breaching its fiduciary duty to its shareholders in connection with an offer by members of the Schiffer/Gold family, together with Leonard Green & Partners, L.P. ("LGP"), to take the Company private.
Under the terms of the offer, 99 Cents Only shareholders will receive $19.09 in cash for each share of common stock they own. The Schiffer/Gold family owns approximately 33% of the Company's outstanding common stock. The investigation is focused on whether the Schiffer/Gold family and LGP’s offer undervalues the Company’s shares.
If you are interested in discussing your rights as a 99 Cents Only shareholder and/or have information relating to the matter, please contact U. Seth Ottensoser at (877) 779-1414 or Ottensoser@bernlieb.com.
Bernstein Liebhard has pursued hundreds of securities, consumer and shareholder rights cases and recovered almost $3 billion for its clients. It has been named to The National Law Journal’s “Plaintiffs’ Hot List” in each of the last eight years.
Bernstein Liebhard LLP10 East 40th StreetNew York, New York 10016(877) 779-1414www.bernlieb.com
ATTORNEY ADVERTISING. © 2011 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
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