This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Buyout Of SeaCube - Law Firm Seeks Higher Price For Shareholders

NEW YORK, Jan. 22, 2013 /PRNewswire/ -- Tripp Levy PLLC, a leading national securities law firm, announces that it is investigating the acquisition of SeaCube Container Leasing on behalf of shareholders. Ontario Teachers' Pension Plan announced that it will buy SeaCube Container Leasing Ltd (BOX.N) for about $467 million. Under the terms of the agreement, SeaCube shareholders will receive $23 for each share.

The lawsuit on behalf of shareholders seeks to determine whether the SeaCube board of directors and management breached their fiduciary duties by not obtaining the highest price possible for shareholders through a full and fair auction while not obtaining personal benefits for themselves in selling the company at this price. Indeed, management for SeaCube will remain in place and analysts have projected the true value of the company is in excess of at least $24 per share.

If you are a shareholder of SeaCube and would like additional information regarding this lawsuit and as to how you can join with other shareholders at no cost in obtaining a higher price for your shares, please contact us toll free at 877-772-3975 or email at contact@tripplevy.com

SOURCE Tripp Levy PLLC

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs