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Levi & Korsinsky, LLP Investigates Possible Breach of Fiduciary Duty by the Board of Health Fitness Corp. - FIT
1 pages
Publié par
saravanan2
Levi & Korsinsky, LLP Investigates Possible Breach of Fiduciary Duty by the Board
of Health Fitness Corp.
- FIT
Levi & Korsinsky is investigating the Board of Directors of Health Fitness Corp.
(?
Health Fitness? or the ?Company?)...
[Plus]
Levi & Korsinsky, LLP Investigates Possible Breach of Fiduciary Duty by the Board
of Health Fitness Corp.
- FIT
Levi & Korsinsky is investigating the Board of Directors of Health Fitness Corp.
(?
Health Fitness? or the ?Company?) (AMEX: FIT) for possible breaches of fiduciary
duty
New York, NY, January 27, 2010 -- Levi & Korsinsky is investigating the Board of
Directors of Health Fitness Corp.
(?Health Fitness? or the ?Company?) (AMEX: FIT)
for possible breaches of fiduciary duty and other violations of state law in
connection with their attempt to sell the Company to Trustmark Mutual Holding
Company (?Trustmark?).
Under the terms of the transaction, Health Fitness
shareholders are to receive $8.
78 in cash for each share of common stock they own
for total transaction value of approximately $97 million.
The investigation concerns whether the Health Fitness Board of Directors breached
their fiduciary duties to Health Fitness stockholders by failing to adequately shop
the Company be
[Moins]
Tags
board,
company,
contact,
corp,
directors,
duty,
fiduciary,
fitness,
health,
korsinsky,
levi,
litigation,
securities,
transaction,
trustmark,
york