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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation Into Possible Breaches Of Fiduciary Duty By The Board Of Young Innovations, Inc. In Connection With The Sale Of The Company To Linden Capital Partners
Dec. 13, 2012 /PRNewswire/ -- Levi & Korsinsky is investigating the Board of Directors of Young Innovations, Inc. ("Young Innovations" or the "Company") (NasdaqGS: YDNT) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to an affiliate of Linden Capital Partners.
Click here to learn more about the investigation:
http://zlk.9nl.com/young-innovations-ydnt/, or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Young Innovations shareholders will receive
$39.50 per share of Young Innovations stock they own. The transaction has a total approximate value of
$314 million. The investigation concerns whether the Young Innovations Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before entering into this transaction and whether Linden Capital Partners is underpaying for Young Innovations shares, thus unlawfully harming Young Innovations stockholders. In particular, Young Innovations stock traded above the offer price as recently as
September 27, 2012.
If you own common stock in Young Innovations and wish to obtain additional information, please contact
Joseph E. Levi, Esq. either via email at
firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit
Levi & Korsinsky is a national firm with offices in
New York and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP
Joseph Levi, Esq. 30 Broad Street - 24th Floor
New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (866) 367-6510
SOURCE Levi & Korsinsky, LLP