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TheStreet Open House

Goldfarb Branham LLP Investigating AmeriCredit Board For Shareholder Claims

Goldfarb Branham LLP is still pursuing potential shareholder claims against the Board of Directors of Texas-based AmeriCredit (NYSE: ACF) due to an allegedly unfair buyout by General Motors for $24.40 per share. The Dallas-Fort Worth firm plans to file a stockholder class action lawsuit against the Board of Directors that seeks to make the deal fair for AmeriCredit shareholders. Any AmeriCredit stockholders interested in joining the lawsuit as a plaintiff are encouraged to contact shareholder lawyer Hamilton Lindley at 877-583-2855 or hlindley@goldfarbbranham.com.

“Because at least one analyst has a target price for AmeriCredit of $26.00 per share, and the stock has traded as high as $26.49 per share within the last year, this deal appears unfair for ACF shareholders,” said Hamilton Lindley, a shareholder lawyer at Goldfarb Branham. “It is estimated that GM will increase its sales by 10-20 percent with this takeover, but AmeriCredit shareholders will be completely cashed out for a mere $24.40 per share.”

Goldfarb Branham LLP firm has significant experience in Texas merger cases and provides nimble, creative, and effective counsel at all stages of litigation. If you own AmeriCredit stock or have information and wish to discuss this matter, contact attorney Hamilton Lindley at 877-583-2855 or hlindley@goldfarbbranham.com. All litigation related expenses are paid for by the firm. The firm only gets paid when it is successful in obtaining a benefit for the shareholders.



Copyright Business Wire 2010

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