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EQUITY ALERT Rosen Law Firm Announces Investigation of Synutra International, Inc. Concerning the Proposed Sale to its Chairman and CEO - SYUT

Nachrichtenquelle: Business Wire (engl.)
15.01.2016, 22:47  |  473   |   |   

Rosen Law Firm, a global investor rights law firm, announces that it is investigating the Board of Directors of Synutra International Inc. (NASDAQ:SYUT) for possible breaches of fiduciary duty and other violations of law in connection with a going private proposal from its Chairman and Chief Executive Officer Liang Zhang and an affiliated entity of his (collectively, the “Buyer Group”).

If you would like to join the action, go to the firm’s website at http://rosenlegal.com/cases-818.html or contact Phillip Kim or Kevin Chan toll-free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or obligation to you.

Under the terms of the proposed transaction, shareholders will receive $5.91 in cash for each share of Synutra common stock they own. The investigation relates to whether the proposal is fair to the public shareholders of Synutra and whether Synutra’s Board breached its fiduciary duties in connection with the proposal.

If you currently own shares of Synutra and wish to obtain additional information, please visit the firm’s website at http://rosenlegal.com/cases-818.html. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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