Law Firm Brower Piven Announces Investigation Of Epoch Holding Corporation
The securities litigation firm of Brower Piven, A Professional
Corporation, has commenced an investigation into possible breaches of
fiduciary duty to current shareholders of Epoch Holding Corporation
The securities litigation firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of Epoch Holding Corporation (“Epoch” or the “Company”) (Nasdaq GS: EPHC), the parent company of Epoch Investment Partners, and other violations of state law by the board of directors of Epoch relating to the proposed acquisition of the Company by Toronto-Dominion Bank Group (“TD”). The firm’s investigation seeks to determine, among other things, whether Epoch’s board of directors breached their fiduciary duties by failing to maximize shareholder value. According to a joint press release, Epoch shareholders will receive $28.00 in cash for each share of common stock they own. The all-cash transaction is currently being valued at $668 million. According to Yahoo! Finance, the median and high analyst price target is $33.50 per Epoch share. If you currently own common stock of Epoch and would like to learn more about the investigation being conducted by Brower Piven, you may email or call Brower Piven, who will, without obligation or cost to you, attempt to answer your questions. You may contact Brower Piven by email at email@example.com, by calling (410) 415-6616, or at Brower Piven, A Professional Corporation, 1925 Old Valley Road, Stevenson, Maryland 21153. Attorneys at Brower Piven have combined experience litigating securities and other class action cases of over 60 years.
Shares of Epoch Holding Corporation (Nasdaq:EPHC) have taken a tremendous swing upward. The stock is trading at $15.46 as of 3:50 p.m. ET, 21.6% above Monday's closing price of $12.71. Volume is at 55,151, 1.3 times the daily average of 42,400.