The Law Offices of Vincent Wong Announce an Investigation of SFN Group, Inc.
August 01 2011 - 5:55PM
Business Wire
The Law Offices of Vincent Wong are investigating the Board of
Directors of SFN Group, Inc. (NYSE: SFN) for possible breaches of
fiduciary duty and other violations of state law in connection with
the sale of the Company to Randstad Holding nv (Euronext Amsterdam:
RAND.AS). Under the terms of the deal, SFN Group shareholders will
receive $14.00 in cash per share. The transaction values the
Company’s equity at approximately $770 million.
To get more information and join the action, click here:
http://www.wongesq.com/sfn-group.html.
The investigation concerns whether the SFN Group Board breached
its fiduciary duties to stockholders by failing to adequately shop
the Company before entering into this deal and whether Randstad
Holding nv is underpaying for SFN Group shares, thus unlawfully
harming SFN Group stockholders. According to Thomson/First Call at
least one analyst set a price target for SFN Group stock at $17.00
per share.
If you own common stock in SFN Group and wish to obtain
additional information, please contact Vincent Wong, Esq. either
via email vw@wongesq.com, by telephone at 212.584.2740, or visit
http://www.wongesq.com/sfn-group.html.
Vincent Wong, Esq. is an experienced attorney that has
represented investors in securities litigations involving financial
fraud and violations of shareholder rights. Attorney advertising.
Prior results do not guarantee similar outcomes.
Spherion (NYSE:SFN)
Historical Stock Chart
From May 2024 to Jun 2024
Spherion (NYSE:SFN)
Historical Stock Chart
From Jun 2023 to Jun 2024
Real-Time news about Stifel Financial Corp. 5.375% Senior Notes Due December 2022 (New York Stock Exchange): 0 recent articles
More The Law Offices of Vincent Wong News Articles