Bernstein Liebhard LLP Announces Investigation of Acquisition of Thomas & Betts Corporation
January 30 2012 - 10:22AM
Business Wire
Bernstein Liebhard LLP is investigating whether the Board of
Directors of Thomas & Betts Corporation (“Thomas & Betts”
or the “Company”) (NYSE: TNB) breached its fiduciary duty to its
shareholders in agreeing to sell Thomas & Betts to ABB.
Under the terms of the agreement, Thomas & Betts
shareholders will receive $72.00 in cash for each share they own.
The investigation is focused on the potential unfairness of the
price to Thomas & Betts shareholders and the process by which
the Thomas & Betts Board of Directors considered and approved
the transaction.
If you are interested in discussing your rights as a Thomas
& Betts shareholder and/or have information relating to the
matter, please contact U. Seth Ottensoser at (877) 779-1414 or
Ottensoser@bernlieb.com.
Bernstein Liebhard has pursued hundreds of securities, consumer
and shareholder rights cases and recovered over $3 billion for its
clients. It has been named to The National Law Journal’s
“Plaintiffs’ Hot List” in each of the last nine years.
Bernstein Liebhard LLP 10 East 40th Street New York, New York 10016
(877) 779-1414
www.bernlieb.com
ATTORNEY ADVERTISING. © 2012 Bernstein Liebhard LLP. The law
firm responsible for this advertisement is Bernstein Liebhard LLP,
10 East 40th Street, New York, New York 10016, (212) 779-1414. The
lawyer responsible for this advertisement in the State of
Connecticut is Mary U. Hoover. Prior results do not guarantee or
predict a similar outcome with respect to any future matter.
Thomas Betts (NYSE:TNB)
Historical Stock Chart
From Jun 2024 to Jul 2024
Thomas Betts (NYSE:TNB)
Historical Stock Chart
From Jul 2023 to Jul 2024