The Law Office Of Joseph Klein Is Investigating Possible Breaches Of Fiduciary Duty By The Board Of Tollgrade Communications, Inc. In Connection With The Sale Of The Company To Golden Gate Capital – TLGD
The Law Office of Joseph Klein is investigating the Board of Directors of Tollgrade Communications (Nasdaq: TLGD) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to an affiliate of Golden Gate Capital. Under the terms of the deal, Tollgrade shareholders will receive $10.10 in cash per share for a total transaction value of approximately $137 million.
The investigation concerns whether the Tollgrade Board of Directors breached their fiduciary duties to Tollgrade stockholders by failing to adequately shop the Company before entering into this transaction and whether Golden Gate Capital is underpaying for Tollgrade shares, thus unlawfully harming Tollgrade stockholders. In fact, Tollgrade stock traded as high as $10.20 per share as recently as February 16, 2011.
If you own common stock in Tollgrade and wish to obtain additional information, please contact Joseph Klein, Esq. directly, via email at firstname.lastname@example.org, by telephone at 718-947-0005, Toll Free: 877-STOK-180, or visit http://www.jkleinlawfirm.com/tollgrade-tlgd.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.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV