INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Investors of Medical Action Industries Inc. of Class Action Against Its Board ...
June 30 2014 - 11:07AM
Levi & Korsinsky notifies investors of Medical Action
Industries Inc. ("Medical Action" or "the Company") (Nasdaq:MDCI)
of claims of breaches of fiduciary duty and other violations of
state law against the board of directors of the Company in
connection with the sale of the Company to Owens & Minor, Inc.
(NYSE:OMI). A complaint was filed in New York state court.
Click here to learn more about the investigation:
http://zlk.9nl.com/medical-action-mdci, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Medical Action shareholders
will receive $13.80 in cash for each share of Medical Action stock
they own. The claims concern whether the Board of Medical Action
breached their fiduciary duties to stockholders by failing to
adequately shop the Company before agreeing to enter into this
transaction, and whether Owens & Minor, Inc. is underpaying for
Medical Action shares.
If you own Medical Action 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/medical-action-mdci.
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.
CONTACT: Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, 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
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