Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Innotrac Corporation Shareholders
November 15 2013 - 3:31PM
Business Wire
Kirby McInerney LLP is investigating potential claims against
the Board of Directors of Innotrac Corporation (“Innotrac” or the
“Company”) (NASDAQ:INOC) concerning the proposed acquisition of the
Company by an affiliate of Sterling Partners (“Sterling”). Under
the terms of the definitive merger agreement, Innotrac shareholders
will receive $8.20 in cash for each share of Innotrac owned,
valuing the transaction at approximately $108 million.
The investigation concerns whether the Innotrac Board of
Directors violated its fiduciary duties by agreeing to the proposed
transaction and whether the $8.20 per share proposed consideration
adequately values Innotrac’s common stock.
If you are an Innotrac shareholder and wish to obtain additional
information, please contact J. Brandon Walker, Esq. by email
at bwalker@kmllp.com, by telephone at (212) 699-1145 or (888)
529-4787, or by filling out this contact form. There is no cost or
obligation to you.
Kirby McInerney LLP is a New York-based law firm concentrating
in securities, shareholder, whistleblower, antitrust and consumer
litigation. For additional information, please go to
www.kmllp.com.
Kirby McInerney LLPJ. Brandon Walker, Esq.,
212-699-1145888-529-4787bwalker@kmllp.com
Innotrac (NASDAQ:INOC)
Historical Stock Chart
From May 2024 to Jun 2024
Innotrac (NASDAQ:INOC)
Historical Stock Chart
From Jun 2023 to Jun 2024
Real-Time news about Innotrac Corp. (MM) (NASDAQ): 0 recent articles
More Innotrac Corp. (MM) News Articles