Levi & Korsinsky notifies investors of Nicholas Financial, Inc.
(“Nicholas Financial”) (Nasdaq: NICK) of possible breaches of fiduciary
duty and other violations of state law in connection with the sale of
the Company to Prospect Capital Corporation (Nasdaq: PSEC).
Click here to learn more about the action http://zlk.9nl.com/nicholas-financial-nick/,
or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Nicholas Financial shareholders will
receive $16.00 for each share of Nicholas Financial stock they own. The
investigation concerns whether the Nicholas Financial Board of Directors
breached their fiduciary duties to stockholders by failing to adequately
shop the Company before agreeing to enter into this transaction, and
whether Prospect Capital Corporation is underpaying for Nicholas
Financial shares. Shares of Nicholas Financial have traded above the
consideration price as recently as November 29, 2013.
If you own Nicholas Financial common stock 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/nicholas-financial-nick/.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, Connecticut and Washington D.C. The firm’s 26 attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. For more information, please feel
free to contact any of the attorneys listed below. Attorney advertising.
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Copyright Business Wire 2013