SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of AsiaInfo-Linkage, Inc. in Connection with a Going Private Transaction
Levi & Korsinsky is investigating the Board of Directors of
AsiaInfo-Linkage, Inc. (“AsiaInfo-Linkage” or the “Company”) (NasdaqGS:
ASIA) for possible breaches of fiduciary duty and other violations of
state law in connection with the sale of the Company to a consortium of
investors led by CITIC Capital Partners and Edward Tian, the Company’s
co-founder.
Click here to learn more about the investigation http://zlk.9nl.com/asiainfo-linkage-asia/,
or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, AsiaInfo-Linkage shareholders will
receive $12 for each share of AsiaInfo-Linkage stock they own. The
investigation concerns whether the AsiaInfo-Linkage Board of Directors
breached their fiduciary duties to stockholders by failing to adequately
shop the Company before agreeing to enter into the transaction, whether
the consortium is underpaying for AsiaInfo-Linkage stock, thus
unlawfully harming AsiaInfo-Linkage shareholders. In particular,
AsiaInfo-Linkage has a reported book value of $14.25 for the most recent
quarter.
If you own common stock in AsiaInfo-Linkage and wish to obtain
additional information, please contact Joseph E. Levi, Esq. either via
email at jlevi@zlk.com or by
telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/asiainfo-linkage-asia/.
Levi & Korsinsky is a national firm with offices in New York, New Jersey
and Washington D.C. The firm has extensive expertise in prosecuting
securities litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. The
attorneys at Levi & Korsinsky have been appointed by numerous courts
throughout the country to serve as lead counsel on behalf of
shareholders in major securities lawsuits and have successfully
recovered multimillion-dollar damages awards on behalf of investors. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
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