Vanguard Health Systems Shareholder Alert: Briscoe Law Firm And Powers Taylor Investigate Sale To Tenet Healthcare Corp.

Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor, LLP are investigating the sale of Vanguard Health Systems, Inc. (“Vanguard”) (NYSE: VHS) to Tenet Healthcare Corporation for shareholders. Under the terms of the proposed sale, Vanguard shareholders will receive only $21 in cash for each share of Vanguard stock owned in a deal valued at approximately $4.3 billion including the assumption of debt.

If you are an affected investor, and you want to learn more about the lawsuit or join the action, please contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, via email at WBriscoe@TheBriscoeLawFirm.com or Zachary Groover at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at zach@powerstaylor.com. There is no cost or fee to you.

The investigation of the Vanguard sale concerns whether Vanguard’s shareholders are receiving adequate value for their shares and whether Vanguard’s board breached their fiduciary duties to the shareholders by not attempting to obtain the highest share price for all shareholders prior to agreeing to the deal.

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

Copyright Business Wire 2010

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