SHAREHOLDER ALERT: Law Firm Of Levi & Korsinsky, LLP Announces Investigation Into Possible Breaches Of Fiduciary Duty By The Board Of US Home Systems Inc. In Connection With The Sale Of The Company To The Home Depot, Inc.
Levi & Korsinsky is investigating the Board of Directors of US Home
Levi & Korsinsky is investigating the Board of Directors of US Home Systems Inc. (“USHS” or the “Company”) (Nasdaq: USHS) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to The Home Depot, Inc. (NYSE: HD). Click here to learn more about the investigation: http://zlk.9nl.com/us-home-systems-ushs, or call: 877-363-5972. There is no cost or obligation to you. Under the terms of the transaction, USHS shareholders will receive $12.50 per share of USHS stock they own. The transaction has a total approximate value of $93.4 million. The investigation concerns whether the USHS Board of Directors breached their fiduciary duties to USHS stockholders by failing to adequately shop the Company before entering into this transaction and whether The Home Depot, Inc. is underpaying for USHS shares, thus unlawfully harming USHS stockholders. In particular, at least one analyst set a price target for USHS stock at $14.50 per share. If you own common stock in USHS 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 http://zlk.9nl.com/us-home-systems-ushs. 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. CONTACT:Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky, Esq.30 Broad Street - 24th FloorNew York, NY 10004Tel: (212) 363-7500Toll Free: (877) 363-5972Fax: (212) 363-7171 www.zlk.com
The ex-dividend date for US Home Systems (Nasdaq:USHS) is tomorrow, May 25, 2012. Owners of shares as of market close today will be eligible for a dividend of 3 cents per share. At a price of $9.11 as of 9:30 a.m., the dividend yield is 1.3%.