Juan
E. Monteverde, a partner at Faruqi
& Faruqi, LLP, a leading national securities firm headquartered
in New York City, is investigating the Board of Directors of Allied
Nevada Gold Corp. (“Allied Nevada” or the “Company”) (NYSE MKT: ANV) for
potential breaches of fiduciary duties in connection with their conduct
related to the proposed sale of the Company to China Gold Stone Mining
Development in a cash deal valued at approximately $1.25 billion. Under
the terms of the proposed transaction, Allied Nevada’s stockholders will
receive $7.50 for each share of Allied Nevada common stock they own.
However, exactly one year ago on January 14, 2013, Allied Nevada closed
at a price of $27.80.
Request more information now by clicking here: www.faruqilaw.com/ANV.
There is no cost or obligation to you.
The investigation focuses on whether Allied Nevada’s Board of Directors
breached their fiduciary duties to the Company’s stockholders by failing
to conduct an adequate and fair sales process prior to agreeing to this
proposed transaction, whether and by how much this proposed transaction
undervalues the Company to the detriment of Allied Nevada’s shareholders.
Faruqi
& Faruqi, LLP is a national law firm which represents investors
and individuals in class action litigation. The firm is focused on
providing exemplary legal services in complex litigation in the areas of
securities, shareholder, antitrust and consumer litigation, throughout
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If you own common stock in Allied Nevada and wish to obtain additional
information and protect your investments free of charge, please visit us
at www.faruqilaw.com/ANV
or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com
or by telephone at (877) 247-4292 or (212) 983-9330.
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