Levi & Korsinsky is investigating the Board of Directors of Paramount
Gold and Silver Corp. (“Paramount” or “the Company”) (NYSE MKT: PZG) for
possible breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to Coeur Mining, Inc. (“Coeur”).
Click here to learn more about the investigation: http://zlk.9nl.com/paramount-gold-silver-pzg.
Under the terms of the transaction, Paramount shareholders will receive
0.2016 shares of Coeur common stock for each share of Paramount stock
they own, representing a value of approximately $0.90 per share. Prior
to the merger close, Paramount will spin off its non-Mexican assets and
liabilities to form new company SpinCo. The investigation concerns
whether the Board of Paramount breached their fiduciary duties to
stockholders by failing to adequately shop the Company before agreeing
to enter into this transaction, and whether Coeur is underpaying for
Paramount shares.
If you own Paramount 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/paramount-gold-silver-pzg.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, Connecticut and Washington D.C. The firm’s 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.
Prior results do not guarantee similar outcomes.
Copyright Business Wire 2014