This Day On The Street
Continue to site
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

SHAREHOLDER ALERT: Wohl & Fruchter Investigating The Merger Of Parametric Sound Corporation And Turtle Beach

The law firm of Wohl & Fruchter LLP is investigating the proposed merger of Parametric Sound Corporation (Parametric) (NASDAQ: PAMT) and VTB Holdings, Inc. (Turtle Beach).

On August 5, 2013, Parametric and Turtle Beach announced they had entered into an agreement to merge in a stock for stock transaction. Under the terms of the agreement, former Turtle Beach stockholders are expected to own approximately 80 percent of the combined company’s shares, and Parametric stockholders are expected to own approximately 20 percent of the combined company’s shares.

Wohl & Fruchter’s investigation concerns the fairness of the transaction from the standpoint of Parametric shareholders, and whether the board of directors of Parametric breached their fiduciary duties to Parametric shareholders in approving the transaction.

Additional information, including copies of the proxy and other materials filed by Parametric with the Securities & Exchange Commission, is available at

Persons with relevant information, and Parametric shareholders with questions about this investigation, are invited to contact our Firm by calling 866.833.6245, or contacting the attorney below.

About Wohl & Fruchter

Wohl & Fruchter LLP represents plaintiffs in litigation arising from fraud and other fiduciary breaches by corporate managers, as well as other complex litigation matters. Please visit our website,, to learn more about our Firm, or contact one of our partners.

This release may be deemed to constitute attorney advertising.

Copyright Business Wire 2010

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
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 16,472.37 +200.36 1.23%
S&P 500 1,951.36 +27.54 1.43%
NASDAQ 4,707.7750 +80.6910 1.74%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs