The law firm Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Physicians Formula Holdings, Inc. (NASDAQ GS:FACE) (“Physicians” or “the Company”), concerning the proposed acquisition of the Company by Markwins International Corporation. Under the terms of the transaction, Physicians’ shareholders would receive $4.90 per share in cash. The total value of the transaction is approximately $74.9 million. Physicians has performed well recently, reporting improved financial results in its filings with the SEC. The investigation is focused on the potential unfairness of the consideration to Physicians’ shareholders, the process by which the Company’s Board of Directors is considering the transaction, and potential conflicts of interest among Physicians’ Board members. If you are interested in discussing your rights as a Physicians shareholder, or have information relating to this investigation, please contact Finkelstein Thompson’s Washington, DC offices at (202) 337-8000 or by email at firstname.lastname@example.org. Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers. To learn more about Finkelstein Thompson LLP, please visit our website at www.finkelsteinthompson.com. Attorney advising. Prior results do not guarantee similar outcomes.
Shares of Physicians Formula Holdings (Nasdaq:FACE) have taken a tremendous swing upward. The stock is trading at $3.55 as of 10:58 a.m. ET, 21.6% above Tuesday's closing price of $2.92. Volume is at 600, zero times the daily average of 15,400.
Shares of Physicians Formula Holdings (Nasdaq:FACE) have taken a tremendous swing upward. The stock is trading at $3.43 as of 11:49 a.m. ET, 21.6% above Thursday's closing price of $2.82. Volume is at 9,183, 0.5 times the daily average of 18,700.