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Tara Minerals Corp TARM



GREY:TARM - Post by User

Post by HHAPPYon Sep 13, 2010 3:29pm
365 Views
Post# 17442316

Desperation will try anything

Desperation will try anything
The shorts have paniced
will try anything to try and covertheir positions. The NAKED shorts are really in trouble.
The LawOffice of Robbins Umeda LLP Announces an Investigation of theAcquisition of Tara Gold Resources Corporation by Tara MineralsCorporation
Ticker Symbol: U:TRGD


SAN DIEGO --(Business Wire) --

Robbins Umeda LLP has commenced aninvestigation into possible breaches of fiduciary duty and otherviolations of state law by members of the Board of Directors ("Board")of Tara Gold Resources Corporation ("Tara Gold" or the "Company") (PinkSheets: TRGD) in connection with their efforts to sell Tara Gold to TaraMinerals Corporation ("Tara Minerals") (OTCBB: TARM). If thetransaction is completed, Tara Gold shareholders will receive 1 share ofTara Mineral common stock in exchange for each Tara Gold common stockthey own, for an implied value of
.81 per share based on Tara Gold'sclosing price on September 10, 2010. The transaction is expected to becompleted this year.

Robbins Umeda LLP's investigationconcerns whether Tara Gold's Board undertook a fair process to obtainfair consideration for all shareholders of Tara Gold. Specifically, ourinvestigation concerns whether the members of the Company's Boardbreached their fiduciary duties to Tara Gold shareholders by failing toadequately shop the Company before entering into the transaction withTara Mineral. Notably, two members of Tara Gold's Board are also on TaraMineral's Board of Directors.

If you are a shareholder ofTara Gold, plan to continue to hold your shares, and would like moreinformation about your rights as a shareholder, please contact attorneyGregory E. Del Gaizo at 800-350-6003 or by e-mail atinfo@robbinsumeda.com.

Robbins Umeda LLP is aCalifornia-based law firm with significant experience representinginvestors in merger-related shareholder class actions, shareholderderivative actions, and securities fraud class actions. For moreinformation about the firm, please go to https://www.robbinsumeda.com.

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