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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 |
Levi & Korsinsky is investigating the Board of Directors of 99 Cents Only Stores (NYSE: NDN) for possible breaches of fiduciary duty and other violations of state law in connection with the receipt of an acquisition proposal from members of the Schiffer/Gold family and Leonard Green & Partners, L.P. Under the terms of the proposed transaction, 99 Cents Only Stores stockholders would receive $19.09 in cash per share of 99 Cents Only Stores stock they own. Currently the Schiffer/Gold family owns approximately 33% of the Company’s outstanding common stock.
Click here to learn more about the investigation: http://www.zlk.com/99-cents-only-ndn.html, or call: 877-363-5972.
The investigation concerns whether the 99 Cents Only Stores Board of Directors is adequately shopping the Company in order to obtain the best possible deal for 99 Cents Only Stores’ shareholders. In particular, at least one analyst set a price target of $22.00 per share of 99 Cents Only Stores stock.
If you own common stock in 99 Cents Only Stores and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://www.zlk.com/99-cents-only-ndn.html.
Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major litigations involving mergers and acquisitions. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
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