DALLAS, July 9, 2012 /PRNewswire/ -- Securities lawyers at Goldfarb LLP are investigating alleged violations of shareholder protection laws by officers and directors of Lincare Holdings, Inc. (NASDAQ: LNCR) in connection with a buyout for $41.50 per share to Linde AG. Concerned LNCR investors are encouraged to contact attorney Hamilton Lindley at 877-583-2855 or firstname.lastname@example.org about their rights and remedies. "Our proposed shareholder class action will seek to ensure that important information is disclosed to stockholders of Lincare Holdings and that they receive the highest price reasonably available in this buyout." Goldfarb LLP lawyers have significant experience representing shareholders and whistleblowers in securities lawsuits nationwide. LNCR stockholders – or anyone with knowledge about this acquisition – should contact lawyer Hamilton Lindley at email@example.com or 877-583-2855 with questions or concerns. Hamilton Lindley Goldfarb LLP2501 N. Harwood, Ste. 1801 Dallas, TX 75201(877) 583-2855 Toll Free Telephone (214) 583-2233 Local Phone Number (214) 583-2234 Fax Number www.goldfarbllp.com SOURCE Goldfarb LLP
The ex-dividend date for Lincare Holdings (Nasdaq:LNCR) is tomorrow, July 12, 2012. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $41.58 as of 9:30 a.m., the dividend yield is 1.9%.
Shares of Lincare Holdings (Nasdaq:LNCR) were gapping up Monday morning with an open price 21.5% higher than Friday's closing price. The stock closed at $34.02 yesterday and opened today's trading at $41.33.