INVESTOR ALERT Levi & Korsinsky, LLP Announces Investigation of Coleman Cable, Inc. & Its Board of Directors in Relation to t...
December 20 2013 - 12:59PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
Coleman Cable, Inc. (“CCIX” or “the Company”) (NasdaqGM:CCIX) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to Southwire Company
(NYSE:ESS).
Click here to learn more about the action
http://zlk.9nl.com/coleman-cable-ccix/, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of transaction, CCIX shareholders will receive
$26.25 in cash for each share of CCIX stock they own. The
investigation concerns whether the CCIX Board of Directors breached
their fiduciary duties to stockholders by failing to adequately
shop the Company before agreeing to enter into this transaction,
and whether Southwire Company is underpaying for CCIX shares.
Certain stockholders—including trusts for the benefit of the
co-chairmen of the Board of Directors—have agreed to tender their
shares.
If you own CCIX common stock 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/coleman-cable-ccix/.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm’s 26
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.Tel: 212-363-7500Toll Free: 877-363-5972Fax:
866-367-6510www.zlk.com
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