The Law Firm Of Levi & Korsinsky, LLP Announces Investigation Into Possible Breaches Of Fiduciary Duty By The Board Of Lincare Holdings Inc. In Connection With The Sale Of The Company To Linde AG

Levi & Korsinsky is investigating the Board of Directors of Lincare Holdings Inc. (“Lincare” or the “Company”) (Nasdaq: LNCR) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Linde AG (FWB: LIN).

Click here to learn how to join the action: http://zlk.9nl.com/lincare-holdings-lncr/ , or call: 877-363-5972. There is no cost or obligation to you.

Under the terms of the transaction, Lincare shareholders will receive $41.50 per share of Lincare stock they own. The transaction has a total approximate value of $4.6 billion. The investigation concerns whether the Lincare Board of Directors breached their fiduciary duties to Lincare stockholders by failing to adequately shop the Company before entering into this transaction and whether Linde AG is underpaying for Lincare shares, thus unlawfully harming Lincare stockholders.

If you own common stock in Lincare and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or http://zlk.9nl.com/lincare-holdings-lncr/.

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. 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.

Copyright Business Wire 2010

If you liked this article you might like

Lincare Stock To Go Ex-dividend Tomorrow (LNCR)

Stocks Finish Mixed; Nasdaq Extends Rally

Lincare Stock Gaps Up On Today's Open (LNCR)

Stock Futures Mixed Following Big Rally

5 Things You Should Know Before the Stock Market Opens