Shareholder Claims Against Marshall & Ilsley Corp. Investigated by Goldfarb Branham LLP Due to Buyout by Bank of Montreal Fin...
December 17 2010 - 10:02AM
Business Wire
Goldfarb Branham LLP is investigating whether certain officers
and directors of Marshall & Ilsley, Inc. (NYSE: MI) breached
duties to shareholders by entering into a transaction to sell the
company for a value of $7.75 per share in a stock transaction with
the Bank of Montreal (“BMO”). Concerned stockholders are urged to
contact securities lawyer Hamilton Lindley at 877-583-2855 or
hlindley@goldfarbbranham.com about their rights and remedies.
“The transaction proposes that Marshall & Ilsley
shareholders receive 0.1257 shares of BMO stock for every share of
Marshall & Ilsley that they own,” said securities attorney
Hamilton Lindley. “This represents a value of about $7.75 per
share. However, this deal appears unfair based on analyst opinion
that the high target for the stock was $9.60 per share. Our
proposed class action lawsuit seeks to ensure that the shareholders
properly shopped the company, maximized value to the shareholders
and disclosed full and fair information about the transaction.”
Goldfarb Branham LLP lawyers have significant experience
representing shareholders and whistleblowers in securities lawsuits
nationwide. The firm may be retained without financial obligation
or cost to its clients. M&I investors – or anyone with
knowledge about this transaction – should contact lawyer Hamilton
Lindley at hlindley@goldfarbbranham.com or 877-583-2855 for more
details.
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