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NDN 99 Cents Only Stores Common Stock

22.01
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
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

Buyout of 99 Cents Only Stores Prompts Shareholder Claims Investigation by Goldfarb Branham Law Firm LLP

17/03/2011 10:45pm

Business Wire


99C Only Stores (NYSE:NDN)
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Goldfarb Branham LLP is investigating whether the board of 99 Cents Only Stores (NYSE: NDN) violated shareholder protection laws in connection with the proposed acquisition by the Schiffer Gold Family and Leonard Green and Partners for $19.09 per share. If you are 99 Cents Only shareholder or have information about this buyout, contact the Hamilton Lindley at 877-583-2855 or by email at hlindley@goldfarbbranham.com.

“This offer appears to undervalue the company because it is only a 14 percent premium and at least one analyst has set a target price of $22.00 per share,” said securities lawyer Hamilton Lindley. “Our proposed class action lawsuit seeks to ensure that the directors properly shopped the company, maximized value to the shareholders and disclosed full and fair information about the transaction.”

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 99 Cents Only Stores shareholders.

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