Goldfarb Branham LLP is investigating whether the board of 99 Cents Only Stores (NYSE: NDN) violated shareholder protection laws in connection with the proposed acquisition by the Schiffer Gold Family and Leonard Green and Partners for $19.09 per share. If you are 99 Cents Only shareholder or have information about this buyout, contact the Hamilton Lindley at 877-583-2855 or by email at hlindley@goldfarbbranham.com.
"This offer appears to undervalue the company because it is only a 14 percent premium and at least one analyst has set a target price of $22.00 per share," said securities lawyer Hamilton Lindley. "Our proposed class action lawsuit seeks to ensure that the directors properly shopped the company, maximized value to the shareholders and disclosed full and fair information about the transaction."
Goldfarb Branham's lawyers have significant experience representing individual and institutional investors in over 100 shareholder class action cases. A firm securities lawyer, Hamilton Lindley, can be reached at hlindley@goldfarbbranham.com or 877-583-2855 to discuss the impact of this buyout on 99 Cents Only Stores shareholders.
Contacts:
Goldfarb Branham LLP
Hamilton Lindley, 214-583-2233
Toll Free:
877-583-2855
Facsimile: 214-583-2234
hlindley@goldfarbbranham.com
www.goldfarbbranham.com