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SHAREHOLDER ALERT: Levi & Korsinsky Announces Investigation Into Possible Breaches Of Fiduciary Duty By The Board Of Vanguard Health Systems, Inc. In Connection With The Sale Of The Company To Tenet Healthcare Corporation
June 26, 2013 /PRNewswire/ -- Levi & Korsinsky is investigating the Board of Directors of Vanguard Health Systems, Inc. ("Vanguard Health" or the "Company") (NYSE: VHS) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Tenet Healthcare Corporation (NYSE: THC).
Click here to learn more about the investigation
http://zlk.9nl.com/vanguard-health-vhs/, or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Vanguard Health shareholders will receive
$21.00 for each share of Vanguard Health stock they own. The transaction has a total approximate value of
$4.3 billion including the assumption of
$2.5 billion in debt. The investigation concerns whether the Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the transaction, and whether Tenet Healthcare Corporation is underpaying for Vanguard Health, thus unlawfully harming Vanguard Health shareholders.
If you own common stock in Vanguard Health 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 Jersey 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. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major securities lawsuits and have successfully recovered multimillion-dollar damages awards on behalf of investors. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP
Joseph Levi, Esq.Eduard Korsinsky, Esq.30 Broad Street - 24th Floor
New York, NY 10004 Tel: (212) 363-7500Toll Free: (877) 363-5972Fax: (212) 363-7171
SOURCE Levi & Korsinsky, LLP