NEW YORK -- (Business Wire)
The Law Office of Joseph Klein is investigating the Board of Directors
of Allied Healthcare International Inc. (NASDAQ: AHCI) for possible
breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to Saga Group Limited. Under the
terms of the deal, Saga Group will pay Allied shareholders $3.50 per
share for a total transaction price of approximately $175 million.
To receive more information, click here: http://www.jkleinlawfirm.com/allied-healthcare-ahci.html.
The Company reported a book value of $3.66 per share, for the most
recent quarter. The investigation concerns whether the Allied Board of
Directors breached their fiduciary duties to Allied stockholders by
failing to adequately shop the Company before entering into this
transaction and whether Saga Group is underpaying for Allied shares,
thus unlawfully harming Allied stockholders.
If you own common stock in Allied and wish to obtain additional
information, please contact Joseph Klein, Esq. directly, via email at email@example.com,
by telephone at 718-947-0005, Toll Free: 877-STOK-180, or visit http://www.jkleinlawfirm.com/allied-healthcare-ahci.html.
Joseph Klein, Esq. is an experienced attorney and has also practiced as
a Certified Public Accountant. Mr. Klein represents investors and
participates in securities litigations involving financial fraud
throughout the nation. Attorney advertising. Prior results do not
guarantee similar outcomes.
The Law Office of Joseph Klein
Joseph Klein, Esq., 718-947-0005
Toll Free: 877-STOK-180 (877-786-5180)
Source: The Law Office of Joseph Klein
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