SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces
Investigation into Possible Breaches of Fiduciary Duty by the Board
of Young Innovations, Inc. in Connection with the Sale of the
Company to Linden Capital Partners
NEW YORK, Dec. 13, 2012 /PRNewswire/ -- Levi &
Korsinsky is investigating the Board of Directors of Young
Innovations, Inc. ("Young Innovations" or the "Company") (NasdaqGS:
YDNT) for possible breaches of fiduciary duty and other violations
of state law in connection with the sale of the Company to an
affiliate of Linden Capital Partners.
Click here to learn more about the investigation:
http://zlk.9nl.com/young-innovations-ydnt/, or call:
877-363-5972. There is no cost or obligation to you.
(Logo:
http://photos.prnewswire.com/prnh/20120409/MM84375LOGO )
Under the terms of the transaction, Young Innovations
shareholders will receive $39.50 per
share of Young Innovations stock they own. The transaction has a
total approximate value of $314
million. The investigation concerns whether the Young
Innovations Board of Directors breached their fiduciary duties to
stockholders by failing to adequately shop the Company before
entering into this transaction and whether Linden Capital Partners
is underpaying for Young Innovations shares, thus unlawfully
harming Young Innovations stockholders. In particular, Young
Innovations stock traded above the offer price as recently as
September 27, 2012.
If you own common stock in Young Innovations 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://zlk.9nl.com/young-innovations-ydnt/.
Levi & Korsinsky is a national firm with offices in
New York and Washington D.C.
The firm has extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits.
Attorney advertising. Prior results do not guarantee similar
outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
SOURCE Levi & Korsinsky, LLP