Buyout of 99 Cents Only Stores Prompts Shareholder Claims Investigation by Goldfarb Branham Law Firm LLP
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DALLAS--(EON: Enhanced Online News)--Securities law firm investigating buyout for shareholders. Concerned stockholders should contact Hamilton Lindley at 877-583-2855 or hlindley@goldfarbbranham.com. img border='0' title='Add to Google' alt='Add to Google' src='http://images.pheedo.co
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Buyout of 99 Cents Only Stores Prompts Shareholder Claims Investigation by Goldfarb Branham Law Firm LLP March 17, 2011 06:56 PM Eastern Daylight Time DALLAS--(EON: Enhanced Online News)--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. Contacts Goldfarb Branham LLP Hamilton Lindley, 214-583-2233 Toll Free: 877-583-2855 Facsimile: 214-583-2234 hlindley@goldfarbbranham.com www.goldfarbbranham.com Permalink: http://eon.businesswire.com/news/eon/20110317006758/en/NYSE%3A-NDN/NDN/NDN-buyout
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