|By PR Newswire||
|March 17, 2014 05:28 PM EDT||
NEW YORK, March 17, 2014 /PRNewswire/ --
Centrix Bank & Trust
Lifshitz & Miller announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of Centrix Bank & Trust ("CXBT") to Eastern Bank Corporation in an all-cash transaction for $41.00 per share or approximately $134 million.
Lifshitz & Miller's investigation is focused on whether the CXBT directors are acting in shareholders best interest.
Lifshitz & Miller announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of Safeway Inc. ("Safeway") (SWY) to affiliates of Cerberus Capital Management, L.P. in a cash transaction valued at $40 per share.
Lifshitz & Miller's investigation is focused on whether the proposed deal provides adequate value to Safeway shareholders.
Santa Fe Gold Corporation
Lifshitz & Miller announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of Santa Fe Gold Corporation ("SFEG") to Tyhee Gold Corp. for for: (a) 0.9 of one common share of Tyhee and (b) 0.45 of one warrant, with each whole warrant entitling the holder to purchase one Tyhee Common Share, at an exercise price of Cd$0.25 per Tyhee Common Share for a period of four years.
Lifshitz & Miller announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of Schawk Inc. ("Schawk") (SGK) to Matthews International Corporation in a transaction with an implied price of $20.00 for each Schawk share and a total enterprise value of approximately $577 million.
Lifshitz & Miller's investigation is focused on whether the proposed deal provides adequate value to Schawk shareholders.
Walter Investment Management Corp.
Lifshitz & Miller announces that a class action was filed in the United States District Court for the Northern District of California, alleging Walter Investment Management Corp. ("WAC") issued false and misleading statements during the period between May 9, 2012 and February 26, 2014. Specifically, defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company had failed to disclose material weaknesses in the internal controls of its recently acquired subsidiary, RMS; and (2) the Company's business practices violated consumer financial protection laws.
ATTORNEY ADVERTISING. © 2014 Lifshitz & Miller. The law firm responsible for this advertisement is Lifshitz & Miller, 821 Franklin Avenue, Suite 209, Garden City, New York 11530, Tel: (516) 493-9780. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Joshua M. Lifshitz, Esq.
Lifshitz & Miller
Email: [email protected]
SOURCE Lifshitz & Miller Law Firm
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