Tripp Levy PLLC, a leading national securities law firm, announces that it has been retained to represent shareholders of China Natural (NASDAQ: CHNG) in connection with the Chairman and CEO seeking to buy the remaining shares that he does not already own for only $4.25 per share.
The investigation concerns, among other things, whether the consideration to be paid to China Natural shareholders is unfair, inadequate, and substantially below the fair or inherent value of china natural. Indeed, the company's book value alone is over $8.17 per share. The investigation further concerns whether the board of directors of China Natural may have breached their fiduciary duties by not acting in China Natural shareholders' best interests in connection with the sale process of China Natural. If you own China Natural 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
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Tripp Levy PLLC is a national law firm that specializes in mergers & acquisitions, takeover litigation, shareholder rights, and corporate governance matters in state and federal courts throughout the United States.
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