Law Offices of Todd M. Garber Announces Investigation of Physicians Formula Holdings, Inc.
August 16 2012 - 1:20PM
Business Wire
Law Offices of Todd M. Garber announces that it is investigating
potential claims against the Board of Directors of Physicians
Formula Holdings, Inc. (“Physicians Formula” or the “Company”)
(NASDAQ: FACE) related to the sale of the Company to Swander Pace
Capital. The transaction is valued at approximately $65 million or
$4.25 per share.
This investigation concerns whether the Board of Directors of
Physicians Formula breached their fiduciary duties to stockholders
by failing to adequately shop the Company before agreeing to enter
into the proposed transaction, and whether the Company has
disclosed all material information to shareholders about the
transaction. At least one analyst has set a target price for the
Company’s stock at $5.00 per share.
If you are a shareholder of Physicians Formula, if you have
information or would like to learn more about our investigation, or
if you wish to discuss these matters or have any questions
concerning this announcement or your rights or interests with
respect to these matters, please contact Todd M. Garber, Esquire,
of the Law Offices of Todd M. Garber, by telephone at 213-700-7262
or by email to info@toddgarberlaw.com.
This press release may be considered Attorney
Advertising in some jurisdictions under the applicable law and
ethical rules.
Physicians Formula Holdings, Inc. (MM) (NASDAQ:FACE)
Historical Stock Chart
From Aug 2024 to Sep 2024
Physicians Formula Holdings, Inc. (MM) (NASDAQ:FACE)
Historical Stock Chart
From Sep 2023 to Sep 2024
Real-Time news about Physicians Formula Holdings, Inc. (MM) (NASDAQ): 0 recent articles
More Law Offices of Todd M. Garber News Articles