TUMI SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of Tumi Holdings, Inc. (TUMI) over the Proposed Sal...
March 04 2016 - 3:45PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of Tumi Holdings, Inc.
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of Tumi Holdings, Inc. (“Tumi” or the “Company”)
(NYSE:TUMI) for potential breaches of fiduciary duties in
connection with the sale of the Company to Samsonite International
S.A. for approximately $1.8 billion in an all-cash transaction.
The Company’s stockholders will only receive $26.75 for each
share of Company common stock they own.
Click here for more information:
www.faruqilaw.com/TUMI. There is no cost or obligation to
you.
The investigation focuses on whether Tumi’s Board of Directors
breached their fiduciary duties to the Company’s stockholders by
failing to conduct a fair sales process and whether and by how much
this proposed transaction undervalues the Company to the detriment
of Tumi’s shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, throughout all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients. To keep track of the latest
securities litigation news, follow us on Twitter at
www.twitter.com/MergerActivity or on Facebook at
www.facebook.com/FaruqiLaw.
If you own common stock in Tumi and wish to obtain additional
information and protect your investments free of charge, please
visit us at www.faruqilaw.com/TUMI or contact Juan Monteverde, Esq.
either via e-mail at jmonteverde@faruqilaw.com or by telephone at
(877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2016 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160304005799/en/
Faruqi & Faruqi, LLP685 Third Avenue, 26th FloorNew York, NY
10017Attn: Juan Monteverde, Esq.jmonteverde@faruqilaw.comToll Free:
(877) 247-4292Phone: (212) 983-9330
Tumi Holdings, Inc. (delisted) (NYSE:TUMI)
Historical Stock Chart
From Jun 2024 to Jul 2024
Tumi Holdings, Inc. (delisted) (NYSE:TUMI)
Historical Stock Chart
From Jul 2023 to Jul 2024