Wolf Haldenstein Investigating NBTY, Inc. Board
Attorney Advertising. The law firm of Wolf Haldenstein Adler Freeman & Herz LLP is investigating possible breaches of fiduciary duty by the Board of Directors of NBTY, Inc. (“NBTY” or the “Company”) [NYSE:NTY] arising out of the proposed acquisition of NBTY by the Carlyle Group (“Carlyle”).
On Thursday, July 15, 2010, NBTY announced that Carlyle will acquire NBTY pursuant to an all cash offer. Under the terms of the agreement, NBTY stockholders will receive cash of $55 in exchange for each share of NBTY common stock. However, the Company may not have adequately shopped itself before entering into this transaction and, pursuant to this proposed transaction, Carlyle may be underpaying for NBTY, thus unlawfully harming NBTY shareholders.
Wolf Haldenstein has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in U.S. federal and state courts. Please visit the Wolf Haldenstein website ( http://www.whafh.com) for more information about the firm.
If you own NBTY common stock and you wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
|Gustavo Bruckner or Derek Behnke|
|Wolf Haldenstein Adler Freeman & Herz LLP|
|270 Madison Avenue|
|New York, New York 10016|
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